GE Aerospace shares are trading lower amid overall market weakness as stocks fall ahead of Wednesday's CPI report. The stock may also be volatile following the recent completion of the GE Vernova spin-off.
Portfolio Pulse from Benzinga Newsdesk
GE Aerospace shares are trading lower due to overall market weakness and potential volatility from the recent GE Vernova spin-off, as investors await Wednesday's CPI report.
April 09, 2024 | 3:03 pm
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GE Aerospace's stock is trading lower due to market weakness and potential volatility from the GE Vernova spin-off.
The decline in GE Aerospace's stock is attributed to the overall market weakness and the uncertainty following the spin-off of GE Vernova. These factors contribute to the stock's potential volatility, especially with the upcoming CPI report which could influence market sentiment further.
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RELEVANCE 90