The performance of Boeing shares have many institutional shareholders crying into their coffee this month. The suit is claiming that investors in Boeing shares suffered economic loss because of omissions made by Boeing and is also seeking damages for alleged securities fraud violations. Despite a rally in late March, Boeing shares were trading at 364 this morning, down from 400 a month ago. Boeing shares were trading at 323.81 at the beginning of this year and have ridden the upwards wave in the US equities market. Boeing long term shareholders were braced for bad news ahead of the Ethiopia Airlines crash.

Source: Ethiopian News April 11, 2019 10:18 UTC