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Re: Jetmek_03052 post# 6480

Thursday, 06/08/2023 7:18:29 PM

Thursday, June 08, 2023 7:18:29 PM

Post# of 7340
Barron's: "Boeing Rising Again as Travel Lifts Aviation Stocks"

"Shares of Boeing BA +2.92% and other aerospace-related companies are flying higher, riding an updraft of positive factors ranging from increased air traffic to more repair business.

"Thursday, Boeing (ticker: BA) stock closed up almost $6, or 2.8%, at $218.11, falling short of its 52-week closing high by 34 cents.

"The stock is down more than 50% from its record closing high of $440.62 on March 1, 2019, before the pandemic and before the second of two deadly crashes that led to the worldwide grounding of the 737 MAX jet. Still, shares are up more than 60% over the past 12 months.

The 52-week closing high is $218.45, seen on Feb. 14."

https://www.barrons.com/articles/boeing-stock-rising-air-travel-recovery-93453ae0

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