Why GE Aerospace Stock Is Taking Off Today
GEGE(GE) The Motley Fool·2024-04-23 23:30

The stand-alone aerospace business looks poised to outperform. Investors got their first taste of what a standalone GE Aerospace (GE 6.32%) might look like, and they apparently like what they see. Shares of the jet engine maker were up 6% as of 11 a.m. ET Tuesday after the company released first-quarter results. Aerospace takes the lead GE Aerospace is what remains of the once-fabled conglomerate following the spinoff of its energy business as GE Vernova on April 2. The first-quarter report includes results ...