Boeing Stock Declines Following 737 MAX Autopilot Software Glitch

Key Facts

1Boeing announced that a recent software update introduced a glitch into the 737 MAX autopilot system.

2The company stated there is no safety issue involved with the software glitch.

Boeing announced that a recent software update introduced a glitch into the 737 MAX autopilot system. Reuters reported that the company's shares experienced a downward move following the disclosure of the technical issue affecting the aircraft's systems.

The company stated there is no safety issue involved with the software glitch, according to The Motley Fool. BA shares trended lower as investor concerns mounted over technical challenges with the 737 MAX model, despite official assurances that safety remains uncompromised.