Why Shares of Boeing Are Up Today
Shares of Boeing (NYSE: BA) were up more than 6% on Monday on more positive news surrounding its long-troubled 737 MAX. The gains continued a strong performance for Boeing stock so far in November, helping to reverse what had been a miserable 2020 coming into the month.
Boeing has flown through turbulence through much of 2020, hit by a one-two punch of the continued grounding of the 737 MAX and the COVID-19 pandemic's impact on commercial aviation. But investors lately have seen positive developments on both fronts.
Image source: Boeing.
Source Fool.com