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Boeing's Stock Jumps

Video Credit: Wochit - Duration: 00:43s - Published < > Embed
Boeing's Stock Jumps

Boeing's Stock Jumps

According to Business Insider, Boeing will be rolling out a software upgrade to the 737 Max aircraft in 10 days.

The corrective action is ahead of expectations for any fix, sending shares higher by 2% after having trading in negative territory earlier on Friday.

Including Friday's gains, Boeing shares were down 15% from their 2019 highs, wiping out $39 billion of the company's market cap.

The sell-off in Boeing, which has the highest weighting in the Dow Jones Industrial Average, has caused the Dow to underperform the S&P 500 in recent days.

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