Why Spirit AeroSystems's Stock Is Trading Higher Today

Spirit AeroSystems Holdings, Inc. SPR shares are trading higher on Thursday.

The move is in sympathy with Boeing after Amazon AMZN announced it leased 12 Boeing aircrafts from Air Transport Services Group.

See Also: PreMarket Prep Stock Of The Day: Boeing

Spirit AeroSystems designs and manufactures aerostructures for commercial and military aircraft. The company operates in three reportable segments namely: Fuselage Systems, Propulsion Systems, and Wing Systems. The majority of the revenue is generated from the United States.

Spirit AeroSystems shares were trading up 9.06% at $30.57 on Thursday. The stock has a 52-week high of $92.81 and a 52-week low of $13.69.

Posted In: NewsContractswhy it's moving
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