Why Boeing Stock Jumped 6% Today
The battered stock of Boeing (NYSE: BA), down by more than half over the past year, won a reprieve on Wednesday, and was up 6% as of 12:35 p.m. EDT today.
A Boeing 737. Image source: Getty Images.
The latest news on Boeing doesn't sound very good. Tuesday, just before the close of trading, the news agency Agence France-Presse reported that because of the coronavirus, Boeing's beleaguered 737 MAX won't be able to perform a key test flight until May.
Source Fool.com
