Boeing Stock Falls After U.S. Army Grounds Apache Helicopters

The U.S. Army has temporarily grounded its Apache helicopters after a tragic crash near Fort Hood, Texas, which cost the lives of two service members. “We mourn these aviators, and our deepest condolences remain with their families, friends, and unit during this extraordinarily difficult time,” said the Army in a news release. Apache helicopters are manufactured by Boeing Shares of the commercial aerospace company were down 0.8% in early trading on Monday, while the was down 0.1%.