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Dec. 3, 2020, 12:20 p.m. EST

Boeing's stock surge adding more than 110 points to the Dow's price

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By Tomi Kilgore

Shares of Boeing Co. /zigman2/quotes/208579720/composite BA -3.54% shot up 7.8% in midday trading Thursday, putting them on track to close at a 9-month high, after Ireland-based air carrier Ryanair Holdings PLC /zigman2/quotes/204098489/composite RYAAY -0.03% /zigman2/quotes/202851567/delayed UK:RYA +0.42% said it was increasing its order of Boeing's MAX-8200 aircraft by 75 planes. The aerospace and defense contractor's stock price gain of $17.38 was adding about 114 points to the Dow Jones Industrial Average's /zigman2/quotes/210598065/realtime DJIA -1.99% price, while the Dow rose 146 points, or 0.5%. Ryanair's increased orders comes after the Federal Aviation Administration order to allow Boeing's 737 MAX jets to fly again, after being grounded for safety reasons since March 2019. Boeing remains focused on safely returning the full 737 fleet to service and on delivering the backlog of airplanes to Ryanair and other customers," said Boeing Chief Executive Dave Calhoun.

/zigman2/quotes/208579720/composite
US : U.S.: NYSE
$ 220.78
-8.10 -3.54%
Volume: 14.93M
May 12, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$133.85 billion
Rev. per Employee
$412,489
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/zigman2/quotes/204098489/composite
US : U.S.: Nasdaq
$ 117.72
-0.04 -0.03%
Volume: 222,950
May 12, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$22.99 billion
Rev. per Employee
$546,548
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/zigman2/quotes/202851567/delayed
UK : U.K.: London
16.71
+0.07 +0.42%
Volume: 135,031
May 12, 2021 4:35p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
€18.90 billion
Rev. per Employee
€491,939
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
33,587.66
-681.50 -1.99%
Volume: 383.58M
May 12, 2021 5:03p
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