Why Boeing Stock Is Flying Higher Tuesday Afternoon

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Shares of airplane manufacturer Boeing (NYSE: BA) got a huge lift Tuesday when Bloomberg reported, late in the morning, that Amazon.com (NASDAQ: AMZN) is buying 11 Boeing 767-300 airplanes.

As of 3:15 p.m. EST, Boeing stock is still up 4.7% on the news — and that’s kind of weird.

Image source: Amazon.com.

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