Shares of Boeing rallied to their highest-ever level Wednesday, contributing 117 points to the Dow Jones 30 Index on the heels of a second-quarter earnings beat and improved profit outlook.
The stock shot up more than 8%, its largest percentage gain since August 2009, to a high of $230.43, its highest intra-day price ever.
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The dollar gain of nearly $17 was the best daily point rise on record.
Boeing shares have posted gains in four straight sessions, tacked on nearly 10% over that period and are up more than 45% for the year.
The company reported $2.89 per share, compared with the street’s estimate of $2.58 per share.
Boeing
