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Embraer shares plunge after joint venture unveiled with Boeing

The shares of the Brazilian jet maker were down 13.69% this afternoon

Publicado em 06/07/2018 - 08:41

Por Agência Brasil São Paulo

Brazilian jet maker Embraer at São Paulo Stock Exchange Bovespa plunged after the creation of a joint venture with US giant Boeing was unveiled.

The shares of the Brazilian firm were down 13.69% at 2:14 pm (local time), compared to a yearly surge of nearly 35% before the announcement Thursday (Jul. 5).

Tradução: Fabrício Ferreira Edição: Valéria Aguiar / Mariana Branco

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