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Why Shares of Boeing Climbed Higher in June

Why Shares of Boeing Climbed Higher in June

Boeing (NYSE: BA) has had a miserable 2020, but the aerospace giant is steadily making progress resolving some of its biggest issues. The stock is still down big for the year, but shares climbed 25.7% in June, according to data provided by S&P Global Market Intelligence, as investors gained confidence the worst is over for Boeing. Boeing had hit turbulence well before the COVID-19 pandemic, weighed down by the March 2019 grounding of its 737 Max jet.