Workflow
Here's why the Rolls-Royce stock price just retreated
Rolls RoyceRolls Royce(US:RYCEY) Invezz·2024-01-23 13:13

Rolls-Royce Holdings (LON: RR) stock price retreated by more than 2% on Tuesday after the latest General Electric (GE) results. The shares pulled back to 302p, a few points below its all-time high of 312.7p. GE stock retreated by more than 8% in the pre-market session.Like General Electric, Rolls-Royce is a leading player in the civil aviation industry, where it makes engines mostly for wide body aircraft. The two companies are also huge players in the defence industry, where they manufacture engines for th ...