Economy
Embraer shares plunge after joint venture unveiled with Boeing
The shares of the Brazilian jet maker were down 13.69% this afternoon
Agência Brasil
Published on 06/07/2018 - 08:41
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).
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