Why Boeing Stock Just Popped 5%
Boeing (NYSE: BA) stock took off in Friday trading and is up a solid 5% as of noon EST.
The move comes in response to a Boeing announcement this morning. Investment firm 777 Partners has placed an order to acquire 24 Boeing 737 MAX airplanes and has taken out "purchase rights" to acquire a further 60 airplanes at a future date.
Image source: Getty Images.
Source Fool.com
