Neutral
Boeing's stock rises 2.7% to $224.41 amid positive sales and FAA safety directive
In the past 24 hours, Boeing's stock experienced a 2.7% increase, closing at $224.41. This uptick was driven by a positive sale-and-lease-back transaction for two 787-9 aircraft with Lufthansa, though tempered by a new FAA safety directive addressing an electrical fault in the 737 MAX.
Key points
- Boeing's stock rose 2.7% to $224.41 following a positive sale-and-lease-back transaction for two 787-9 aircraft with Lufthansa.
- The FAA issued a new airworthiness directive for the 737 MAX, addressing an electrical fault that could lead to excessive temperatures in the cabin and cockpit.
- Cane Capital Partners LLC reduced its position in Boeing by 23.9% during the first quarter, now holding 30,176 shares.
- IFM Investors Pty Ltd increased its stake in Boeing by 6.7% during the first quarter, now owning 73,054 shares.
Sources
AI-generated from public news sources. Not financial advice.
