Why Boeing Stock Just Jumped
Engine failures aboard two Boeing-built airplanes over the weekend cost Boeing(NYSE:BA) stock two straight days of stock market declines this week. But here on Wednesday, it’s starting to look like Boeing will bounce right back.
In late morning trading, at 11:35 a.m. EST, Boeing stock is up 5.8%.
Image source: Getty Images.
Granted, there were no casualties in either incident. And initial reports suggest that the mechanical problems aboard a Boeing 777 in Colorado and a Boeing…