Boeing Stock Hits One-Year High On Qatar Airways Deal

Topline

Boeing’s stock reached its highest point in the past year Wednesday after Qatari Airways announced a deal to buy 160 jets from the American aircraft company, marking one of multiple deals American companies have struck in the Middle East this week amid President Donald Trump’s four-day visit to the region.

Boeing is one of several American companies making deals in the Middle East this week. (Photo by: … More aviation-images.com/Universal Images Group via Getty Images)

Universal Images Group via Getty Images

Key Facts

Boeing shares were up around 1% as of 1:30 p.m. EDT, reaching their highest point since last February.

Shares of the aircraft manufacturer are up 19.4% since the start of 2024, when Boeing’s stock traded at $171.87.

This is a developing story. Check back for updates.