Here's Why GE Aerospace Stock Recovered Today
GE(GE) The Motley Fool·2024-10-23 16:14
Investors took the glass-half-full approach to the company's recent earnings report. GE Aerospace (GE 2.99%) stock rose more than 4% by 11 a.m. ET on Wednesday as investors took advantage of the post-earnings dip in the stock on Tuesday and bought in. Here's why. GE Aerospace's mixed earnings The company's report contained some negatives, such as the expectation reduction for LEAP engines. A GE Aerospace joint venture with Safran manufactures the LEAP, the sole engine option on the Boeing 737 MAX and an opt ...