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Business

Stock Market Today: Live Updates

37 minutes ago

Justice Department says Boeing violated agreement protecting it from criminal charges in 737 Max crash

Shares of Boeing fell about 1% in extended trading after the Justice Department said the planemaker broke a 2021 agreement that shielded the company from criminal charges related to past 737 Max crashes.

The department said in a document that the company violated the agreement by “failing to design, implement and enforce a compliance and ethics program to prevent and detect violations of U.S. fraud laws in ‘all of its operations’.

Boeing will have 30 days to respond to this complaint and could be subject to legal action.

-Leslie Josephs, Samantha Subin

An hour ago

Stocks make biggest moves after the bell

Here are some of the stocks that made the biggest moves after the bell:

  • Boot Barn — Western clothing and footwear stock slipped 7% after issuing weak revenue and profit forecasts for the full year.
  • Nextracker — Solar technology stock jumped 9%. Nextracker reported revenue of $737 million for the fiscal fourth quarter, beating LSEG’s estimate of $682 million.

Read the full list of moving stocks here.

-Samantha Subin

An hour ago

Opening of stock futures little changed

News Source : www.cnbc.com
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