Diamonds and Dogs

6/29/20

Boeing (BA) lending support to the markets. Boeing is up 6% after the FAA regulators will allow the 737 MAX aircraft to begin test flights as early as this week. The 737 Max has been grounded for the past 15 months following two fatal crashes in late 2018 and early 2019. Boeing has resumed production of new 737 Max planes this month.

Two steps forward, one step back. Planet Fitness (PLNT) is down 2% as hundreds of people who went to a Planet Fitness in West Virginia last week may have been exposed to the Coronavirus. Planet Fitness announced that it has closed the gym temporarily but is expected to reopen this week.

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