Why Boeing, Spirit AeroSystems, and Triumph Group Stocks All Popped This Morning
After an epic sell-off Thursday, stocks came roaring back to notch big gains Friday morning. Blue chip aerospace stock Boeing (NYSE: BA), which tumbled 16.5% on Thursday, is helping lead the charge back this morning, rising 10.25% through 10:25 a.m. EDT.
Riding its coattails are two of its biggest suppliers, Spirit AeroSystems Holdings (NYSE: SPR) and Triumph Group (NYSE: TGI), up 7% and 17.5%, respectively.
But is this rally for real or merely a dead cat bounce?
Source Fool.com
