On September 29, Boeing rose 3.44% in regular trading, recovering from earlier session lows near $185.83 to trade at $190.38 per share, with turnover of $304 million. The rebound followed reassurances from key stakeholders after the stock had plunged as much as 6.9% earlier in the session on news that the FAA suspended 737 MAX 10 certification due to a GE Aerospace-supplied software glitch that could impair auto-flight guidance during go-around scenarios.

Ryanair, a major MAX customer, said it expects no significant delivery delays from the software issue, with its CEO stating the delay should be measured in days rather than weeks or months. Separately, NASA announced an additional $359 million allocation to support Boeing's Starliner spacecraft upgrades, with the earliest cargo mission to the International Space Station targeted for December. NASA Administrator Jared Isaacman confirmed Boeing has completed repairs addressing the helium leak issue, reducing the risk that the company's years of investment in the program could be abandoned entirely.

The FAA administrator noted that pilots retain control during go-arounds despite the software issue, while Boeing confirmed engineers are developing a fix. JPMorgan maintained an Overweight rating, citing limited near-term delivery impact.

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