Why Boeing Shares Are Higher Today
Two important Boeing (NYSE: BA) customers are rallying behind the 737 MAX. That's helping to propel Boeing shares higher on Thursday, with the stock up 7.5% as of noon EST.
The long-troubled 737 MAX is airborne again, 20 months after it was grounded after a pair of fatal crashes. That's a big step forward for Boeing, but now the aerospace manufacturer has to rebuild public confidence in the plane and sell it in the middle of a pandemic.
Image source: Boeing.
Source Fool.com