Here's Why GE Aerospace Stock Crushed the Market in 2024
GE(GE) The Motley Fool·2025-01-09 20:49
Shares in GE Aerospace (GE 0.34%) rose by more than 63% in 2024 after adjusting for the spinoff of GE Vernova in April, according to data provided by S&P Global Market Intelligence. The move comes as the commercial aerospace industry and GE, in particular, helped dispel fears of a slowdown in original equipment (OE) sales due to both Boeing and Airbus falling short of airplane production expectations and ongoing supply chain and parts availability issues at suppliers like GE.GE Aerospace in 2024In the end, ...