Boeing Rally Signals Investor Confidence in 787 Upgrades
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Boeing Co. investors are betting that the 787 Dreamliner’s grounding is nearing an end, which would allow the planemaker to resume deliveries and reap cash from its marquee jet.
The shares have rallied 15 percent from a 2013 low on Jan. 29, after regulators ordered 787s parked following a battery fire on one plane and an emergency landing by another. Boeing beat the 3 percent gain for the Standard & Poor’s 500 Index and reached the highest since May 2008 last week.