Lufthansa’s order boosts Boeing’s stock and breaks a long streak

  • Boeing stock climbs 1.1% after Lufthansa orders 737s
  • Lufthansa’s order is the first for 737 aircraft since 1995
  • Order includes a firm order of 40 planes with options for 60 more
  • Boeing’s stock had slipped 1.5% on Monday after an eight-session win streak
  • Boeing’s stock has rocketed 27.4% over the past three months

Shares of Boeing Co. climbed 1.1% in premarket trading after Lufthansa Group announced an order for up to 100 737 MAX jets. This is the first order for 737 aircraft by an airline since 1995. The order includes a firm order of 40 planes with options for 60 more. Boeing’s stock had slipped 1.5% on Monday, ending an eight-session win streak. However, the stock has seen a significant increase of 27.4% over the past three months.

Public Companies: Boeing Co. (BA), Lufthansa Group (DLAKY, LHA)
Private Companies:
Key People:

Track all markets on TradingView

Factuality Level: 8
Justification: The article provides factual information about Boeing’s stock climbing after an order from Lufthansa for 737 MAX jets. The information about Boeing’s stock performance and the S&P 500’s performance is also accurate. However, the article includes some unnecessary background information about Boeing’s stock decline on Monday and its win streak, which is tangential to the main topic.

Noise Level: 3
Justification: The article provides relevant information about Boeing’s stock and an order from Lufthansa for 737 MAX jets. However, it contains repetitive information about the stock’s recent performance and win streaks, which is not directly related to the news of the order. The article lacks thoughtful analysis, antifragility considerations, and accountability of powerful people. It also does not provide evidence, data, or actionable insights.

Financial Relevance: Yes
Financial Markets Impacted: Boeing Co. and Lufthansa Group

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article pertains to financial topics as it discusses the stock performance of Boeing Co. and the order of 737 MAX jets by Lufthansa Group. However, there is no mention of an extreme event or its impact.

Reported publicly: www.marketwatch.com