Why Boeing Stock Is Higher Today

Shares of Boeing (NYSE: BA) climbed as much as 7% on Monday after the company received a new order for its troubled 737 MAX and got a price-target boost on Wall Street. Boeing is still in recovery mode following the issues with the MAX and the pandemic, but the company appears to be headed in the right direction. It's been a rough year for Boeing shareholders, with the stock down 18% over the past year as the company deals with a pair of deadly 737 MAX accidents and then lower demand for new airplanes because of the pandemic.