Boeing today is trading at $37.53 it is trading low at $1.47 mainly because The future of the 737 Max continues to be uncertain. From the supply side, the
Boeing today is trading at $37.53 it is trading low at $1.47 mainly because The future of the 737 Max continues to be uncertain. From the supply side, the company expects to produce 125 new 737 Max's by year-end. By some measures, this may seem optimistic, but in any case, this won't matter until the FAA approves the 737 Max for flight. There is still much uncertainty regarding when this will happen. Bloomberg recently reported that the FAA has the intention to introduce reforms and update their regulations, but nothing is mentioned about when we can expect the 737 Max recertification flights to come back.