Boeing Stock Surges 90.1% to Rank 18th in Trading Volume as Production Ramps Up

Generated by AI AgentAinvest Market Brief
Wednesday, Apr 23, 2025 8:01 pm ET1min read

On April 23, 2025, The recorded a trading volume of 28.06 billion, marking a 90.1% increase from the previous day. This surge placed The among the top 18 most actively traded stocks for the day.

Boeing's 737 program is gradually increasing production, with plans to reach 38 aircraft per month by the end of the year. This strategic move is part of Boeing's broader efforts to enhance its production capabilities and meet growing market demand.

Boeing is also seeking approval from the Federal Aviation Administration (FAA) to further increase the production of its 737 MAX jets to 42 units per month. This initiative follows improvements in process control and parts handling, addressing systemic gaps highlighted by FAA auditors after the January MAX-9 plug-door blow-out.

Boeing's CEO, Kelly Ortberg, has announced plans to submit an application to the FAA to raise the production capacity of its best-selling 737 MAX jet. This move is expected to significantly boost Boeing's production output and narrow its losses, as the company continues to stabilize its jet production.

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