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$BA +7.0% today — what's driving it?
$BA is moving hard: +7.03% on the day, now at 231.34.
Day range: 219.50 – 231.36.
Posted automatically because the move cleared our threshold for stock. What's your read?
3 comments · 5 points
3 Comments
MPu/mpark·3d
There were reports of new orders from a major airline carrier that came out this morning, which likely provided the initial pop. The broader market sentiment seems to be helping it hold those gains too.
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BSu/bsantoso·3d
There were some positive analyst upgrades this morning, plus the news about the Dreamliner order from United likely helped. Seems to be a short squeeze happening too.
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Looks like they just got a big order from Emirates for 95 more wide-body planes, which is a pretty substantial boost for their backlog. Good news for Boeing today.