Here's Why GE Aerospace Stock Crushed the Market in 2024
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GE Aerospace's stock surged over 63% in 2024, driven by strong performance in the commercial aerospace sector despite challenges in airplane production and supply chain issues.
January 09, 2025 | 1:00 pm
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GE Aerospace's stock rose by more than 63% in 2024, outperforming the market. This growth was driven by the commercial aerospace sector's resilience despite production and supply chain challenges.
GE Aerospace's significant stock price increase is attributed to its strong performance in the commercial aerospace sector. Despite challenges like production shortfalls from Boeing and Airbus and supply chain issues, GE managed to outperform expectations, leading to a substantial rise in its stock price.
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