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Boeing Suffers Historic Stock Rout in Global Uproar Over 737 Max

  • Planemaker, FAA isolated as planes grounded around the world
  • Southwest Air, American Air are still flying the jets in U.S.
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Boeing Sell-Off Is a Buying Opportunity, Tigress Analyst Feinseth Says
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Boeing Co. staggered into a deepening global crisis as governments around the world grounded the company’s best-selling jet over safety concerns after a second deadly crash.

The shares posted the biggest two-day drop in almost a decade as the European Union and India suspended 737 Max flights while investigators probe why an Ethiopian Airlines aircraft plunged to the ground near Addis Ababa. The March 10 crash, in which 157 people died, occurred less than five months after a Lion Air 737 Max 8 plunged into the Java Sea off the coast of Indonesia.