January 4, 2017 / 5:03 PM / in a year

BUZZ-Bombardier Inc: Highest in 18 months

** Shares of Canadian aircraft and train maker rise as much as 4 pct to C$2.37, highest in 18 months

** Shares rose 5.5 pct on Tuesday

** Konark Gupta, analyst at Macquarie Capital Markets said there was no single driver pushing the stock up

** “There were a couple of orders in the last week of December, so maybe it’s a lagged reaction by investors, perhaps, because a lot of people were away in the last two weeks” - Gupta

** Chris Murray of Altacorp Capital Inc said the underlying fundamentals continue to improve for Bombardier

** Up to Tuesday’s close, company shares had risen about 70 pct over the last 12 months

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