• Boeing will roll out a software upgrade for the 737 Max aircraft in 10 days, according to an AFP report.
  • The report follows the suspension of deliveries by the aircraft maker.
  • Boeing's stock has rallied over 2% on the news.
  • Watch Boeing trade live.

Boeing will be rolling out a software upgrade to the 737 Max aircraft in 10 days, according to an AFP report , citing one source. The corrective action is ahead of expectations for any fix, sending shares higher by 2% after having trading in negative territory earlier on Friday.

"Ultimately, we are of the view that implications are likely to be short-lived, covering weeks and months as opposed to quarters and years, pending further clarity on safety and any necessary fixes," Morgan Stanley analyst Rajeev Lalwani said in a note out Wednesday.

The AFP report comes after Boeing suspended deliveries of the aircraft on Thursday following President Donald Trump's order to ground the 737 Max , which on Sunday crashed for the second time in five months .

Including Friday's gains, Boeing shares were down 15% from their 2019 highs, wiping out $39 billion of the company's market cap. The sell-off in Boeing, which has the highest weighting in the Dow Jones Industrial Average, has caused the Dow to underperform the S&P 500 in recent days.

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