The Federal Aviation Administration and other worldwide aviation authorities grounded the Boeing 737 MAX in March 2019 following two crashes that killed 346 people in the space of five months. Boeing’s share price suffered following the decision and was further hampered by the coronavirus pandemic. In February 2019, its shares were trading at $446, its highest price ever. One year later, its price had nosedived, hitting a low of $89. In the time since, its stock has recovered, although it has a long way to go to reach its previous all-time high.