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Aug. 8, 2022, 2:16 p.m. EDT

Boeing stock spikes up after FAA says 787 Dreamliner deliveries could resume in coming days

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By Tomi Kilgore

Shares of Boeing Co. /zigman2/quotes/208579720/composite BA +0.66% spiked 2.3% higher in afternoon trading Monday, after the Federal Aviation Administration said it expects 787 Dreamliner deliveries to resume "in the coming days." The stock was up less than 1% just prior to the afternoon spike up. "Boeing has made the necessary changes to ensure that the 787 Dreamliner meets all certification standards," the FAA said in an emailed statement to MarketWatch. "The FAA will inspect each aircraft before an airworthiness certificate is issued and cleared for delivery." The statement comes about a week after FAA notified Boeing that it would approve the company's process for validating fixes to each plane, according to an Associated Press report. Boeing's stock has rallied 13.4% over the past three months, while the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.47% has eased 0.1%.

$ 191.68
+1.25 +0.66%
Volume: 5.16M
Sept. 29, 2023 4:00p
P/E Ratio
Dividend Yield
Market Cap
$114.87 billion
Rev. per Employee
US : Dow Jones Global
-158.84 -0.47%
Volume: 0.00
Sept. 29, 2023 5:20p

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