Boeing Stock Rises on Improved Aircraft Delivery Data
Boeing's shares edged higher after reporting stronger aircraft delivery figures, with 493 jets delivered year-to-date and 53 added in October. The 737 MAX accounted for 39 of those deliveries, while defense and freight variants rounded out the mix. The company nears its highest annual delivery volume since 2018, though order cancellations tempered optimism.
Production improvements and safety enhancements drove the rebound, yet net orders for October dwindled to just eight after accounting for cancellations. Investors responded cautiously, lifting the stock marginally in afternoon trading.