Why Boeing Stock Dropped on Monday

Boeing (NYSE: BA) stock just can't catch a break. For years, the airplane company has been plagued by problems with its 787 and 787 MAX airliners. Now, as 2024 draws to an end and 2025 begins, the spotlight turns to Boeing's workhorse 737-800.

On Sunday, a Boeing 737-800, operated as Jeju Air Flight 2216, crash-landed wheels up at Muan International Airport in South Korea, killing almost all people aboard. This morning, a second Jeju Air 737-800, Flight 7C101, was forced to return to Seoul after reporting "a landing gear problem."

Now, South Korea has grounded all 737-800s in the country for inspection. Boeing stock is down 3.7% through 10 a.m. ET..

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Source Fool.com