Boeing Co. BA, +2.32% said Friday it received an order for two 777 freighters valued at $678 million from Japan-based air carrier All Nippon Airways (ANA). Boeing's stock surged 2.2% in midday trade, after tumbling 5.2% to close Thursday at the lowest level since Jan. 9 amid a broad-market selloff. ANA already operates 777 passenger jets, and has grown its cargo operation from Boeing's medium-sized 767 freighter. "We are honored that a world-class operator such as ANA has decided to grow their cargo business with the 777 Freighter," said Ihssane Mounir, senior vice president of commercial sales and marketing at Boeing. Boeing's stock has now rallied 10.6% over the past three months, while the Dow Jones Industrial Average DJIA, -0.10% has slipped 3.2%.