US Stock Market Move | Q1 performance exceeds expectations: Boeing Company's stock (BA.US) rises over 5%

On Wednesday, Boeing Company (BA.US) rose more than 5%, closing at $171.27. On the news front, the company's first-quarter performance exceeded Wall Street expectations, providing a more stable operating foundation for the troubled aircraft manufacturer to cope with the current global trade turmoil hindering aircraft exports. The financial report showed that Boeing Company's first-quarter revenue was $19.5 billion, a 17.7% year-on-year increase, surpassing market expectations; the adjusted loss per share was $0.49, the smallest loss in over a year, well below market expectations of $1.30.