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A comment on Boeing CEO Dennis Muilenburg Addresses the Ethiopian Airlines Flight 302 Report. Parent comment

Re:Boeing CEO Dennis Muilenburg Addresses the Ethiopian Airl... by woofcat on Friday April 05, 2019 @09:00AM (#19582049)
Sure, however BA is part of the S&P500. I would wager almost every American who has retirement savings owns a chunk of BA. As well as most people in the Western world.

As much as we would love to having Boeing stock plummet, it will impact most people even if they're not aware that they own it.

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Re:Boeing CEO Dennis Muilenburg Addresses the Ethiopian Airl... by belorn on Friday April 05, 2019 @09:54AM (#19582478)
Does not the majority have index fonds, which mean that a drop for BA is rather minor overall and stock money released from people selling BA stocks will then be invested in other companies on the market?
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Re:Boeing CEO Dennis Muilenburg Addresses the Ethiopian Airl... by woofcat on Friday April 05, 2019 @02:01PM (#19585340)
You are correct they have index funds, and the people selling off BA stock _may_ be investing in one of the other 499 S&P listed companies, or they may not be.
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