Breaking: Boeing Rises on Report Plane in Iran Was Shot Down

Investing.com – Shares of component Boeing (NYSE:) rose in midday trading after a report that the Ukrainian flight that crashed in Iran was likely shot down by a missile accidentally.

• The flight out of Tehran was likely struck by Iran’s anti-aircraft missile system by mistake, Newsweek reported, citing a senior U.S. intelligence official and an Iraqi intelligence official. The crash occurred around the same time Iran launched missiles against Iraqi-U.S. airbases.
• • Boeing (NYSE:) shares had fallen after one its 737 jets was involved with another fatal crash. Its 737 Max jet remains grounded.
  • The stock rose 1.7%, helping the Dow’s gain of more than 200 points.

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