Why Beta Technologies Stock Rocketed 8% Higher on Tuesday

The company signed a supply arrangement that might last for a decade.Next-generation aerospace company Beta Technologies (BETA +8.20%) looked more like a stock market alpha on Tuesday. Investors eagerly plowed into the highly specialized industrial company's shares, driving them to a more than 8% gain that trading session, on the back of a new supply deal it announced that morning. Motor of growthBeta wrote in a press release that it has been selected to provide pusher motors for electric vertical take-off ...