Why GE Aerospace Stock Is Up Today
GE(GE) The Motley Fool·2024-04-05 23:34
Freed from its baggage, this aerospace stock is positioned to soar.As the dust settles on the breakup of the industrial conglomerate known as General Electric, markets are still trying to figure out how to price the different parts of the business. Shares of GE Aerospace (GE 4.23%) traded up 5% as of 10:30 ET on Friday as investors took a fresh look at the potential of the aircraft-focused part of the business.A powerful force unleashedAmid all the issues experienced by General Electric over the last decade ...