RTTNews | Sep 29, 2021 11:09AM EDT

11:09 Wednesday, September 29, 2021 (RTTNews.com) - Kansas-based flight company, Spirit AeroSystems Holdings, Inc. (SPR) is trading 5% higher on the NYSE on Wednesday despite no stock-specific news was reported by the company.

However, as travel restrictions start to lift slowly across the world, the aerospace industry is expected to recover in the coming days. The Fly reported that Spirit AeroSystems has been upgraded to "Outperform" from "Market Perform" by Bernstein. In the last month, shares have gained almost 14%, presently trading at the highest since July.

The shares are trading at $46.03, up $2.88 or 6.66% since the previous close at $43.16. The stock opened at $45.48 in the morning. In the 52-week period, the shares have ranged between $17.60 and $53.63.

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