GE loses $20B in market cap on earnings
GE Aerospace (GE) just delivered the kind of quarter that usually sends a stock higher. The company beat on earnings, revenue, and free cash flow, and demand remains strong across its core aerospace business. But the stock fell, wiping out roughly $20 billion in market value for the company. The …
Read MoreGE Aerospace Revenue Rises as Orders Surge
GE Aerospace posted higher first-quarter revenue on surging orders amid strong air travel and military demand.
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