Earnings, tariff surprise send Boeing stock soaring
The aircraft manufacturer's shares are surging.
Boeing has had more than its share of tough times. Over the past few years, Boeing has found itself on the hot seat over quality following significant aircraft problems, causing turnover in the C-Suite and a sharp decline in its stock price.
The mounting trade war with China hasn't helped reverse its fortunes. As part of a growing tit-for-tat, China's leadership instructed its airlines to shun Boeing, even returning some aircraft delivered by the manufacturer this month.