5 Things You Need to Know About General Electric's Big Spinoff
GEGE(GE) The Motley Fool·2024-02-23 21:30

The General Electric (GE 1.74%) name is set to disappear. The forthcoming spinoff of GE Vernova (trading under the ticker GEV) in early April will result in the remaining company trading as GE Aerospace. The change will create two dramatically different companies, with GE Vernova arguably being the most interesting, albeit the weaker. Here's what GE shareholders need to know about the company, which will receive stock soon.GE Vernova is a mix of three businessThe following chart shows GE Vernova's revenue b ...