Why Boeing's Stock Is Trading Higher Today

Boeing BA shares are trading higher on Monday on continued strength amid a pickup in economic activity, which has led to hopes of a rebound in air travel demand.

The airline sector was one of the most affected sectors due to lower travel demands caused by the pandemic. A number of airlines are expected to recommence international flights in June.

Boeing shares were trading up 3.72% at $151.27 on Monday. The stock has a 52-week high of $391 and a 52-week low of $89.

Related Links:

Here's How Large Boeing Option Traders Are Reacting To Abysmal Monthly Orders

'I Was Wrong': Warren Buffett's Berkshire Hathaway Sold $6B Of Airline Stock In April

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!