Boeing stock slides after Air India 787 Dreamliner crashes
Boeing stock fell sharply in premarket trading on Thursday after an Air India plane crashed in what is thought to be the first such incident involving a 787 Dreamliner.
The 11-year-old plane disappeared from radar shortly after takeoff from the Indian city of Ahmedabad, bound for London Gatwick airport.
Boeing stock was down as much as 8%, and was 6% lower at 5:45 a.m. ET.
Shares closed on Wednesday at $214 and had gained almost 25% this year.
First flown in 2009, the 787 was the first next-generation plane produced by a major aircraft manufacturer.
It followed the success of the Boeing 777, but it has faced setbacks over the years.
Boeing did not immediately respond to a request for comment.
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