GE Aerospace (NYSE: GE) has seen its stock rise by around 65% this year, outperforming the broader indices, with the S&P 500 up 18%. The stock now trades at 40x projected 2024 earnings of $4.13 per ...
Based on the reaction to its earnings, GE Aerospace must have said something troubling about the company or the outlook for the aerospace and defense. It didn’t. The slide in the price—one analyst ...