Boeing Avoids Criminal Charge Over Two Fatal 737 Max Crashes As Judge Tosses Case At DOJ Request: Report

Boeing Co. (BA) on Thursday reportedly avoided a criminal charge over two fatal crashes involving the Boeing 737 Max jet.

According to a Bloomberg report, District Judge Reed O’Connor in Fort Worth allowed a request from the U.S. Department of Justice (DOJ) to dismiss a criminal case filed by the department. A total of 346 people were killed in the two Boeing 737 Max jet crashes.

Boeing’s shares were up nearly 1% in Thursday’s opening trade. Retail sentiment on Stocktwits around the company trended in the ‘bearish’ territory at the time of writing.

Get updates to this developing story directly on Stocktwits.

Also See: Will Tesla Shareholders Approve Elon Musk's Compensation Package? Here's What Prediction Markets Think

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