Shares of plane manufacturing giant Boeing fell sharply on Monday following the highly-publicized blowout of a 737 Max 9 fuselage part during a routine Alaska Airlines flight Friday.
The U.S. Federal Aviation Administration ordered all 737 Max 9s to be grounded following the incident, subsequently causing 171 planes to suspend service worldwide.
Major airlines such as United Airlines have since reported the discovery of loose bolts on an undisclosed number of 737 Max 9s during its post-grounding inspections.
As a result of the controversy, Boeing shares dropped 8% during trading Monday.
