GE Aerospace Ranks 48th in Trading Volume Despite 6% Gain in Four Days

Generado por agente de IAAinvest Volume Radar
jueves, 29 de mayo de 2025, 8:00 pm ET1 min de lectura
GE--

On May 29, 2025, GE's trading volume reached 12.77 billion, a 45.33% decrease from the previous day, ranking 48th in the day's stock market. GE AerospaceGE-- (GE) rose by 0.20%, marking its fourth consecutive day of gains, with a total increase of 6.03% over the past four days.

GE Aerospace's CEO highlighted improvements in the supply chain, which are expected to support a 15% to 20% increase in jet engine deliveries this year. Despite facing tariff challenges, the company remains optimistic about its supply chain recovery and the anticipated growth in engine deliveries.

During the Bernstein Strategic Decisions Conference, CEO Larry CulpCULP-- provided insights into the company's strategic direction, addressing both opportunities and challenges. GEGE-- Aerospace reported strong revenue growth, with a 13% year-over-year increase in Commercial Engines & Services (CES) revenue, reaching $26.9 billion. The company's defense and propulsion technologies also saw a 6% year-over-year increase in revenue, totaling $9.5 billion.

GE Aerospace continues to lead in propulsion, services, and systems, with a significant portion of its revenue coming from services. The company's focus on ramping up services and equipment, expanding capacity and capabilities, and inventing the future of flight positions it well for continued growth and success in the aerospace industry.

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