GE Aerospace Stock Plummets 23.67% in $16.40 Billion Trading Volume Ranking 39th

Generated by AI AgentAinvest Volume Radar
Friday, Jun 13, 2025 8:01 pm ET1min read

On June 13, 2025,

(GE) experienced a significant decline in its stock price, with a trading volume of $16.40 billion, marking a 23.67% decrease from the previous day. This placed at the 39th position in terms of trading volume for the day. The stock has been on a downward trend, falling 1.41% and accumulating a 3.63% loss over the past two days.

GE Aerospace has made significant strides in its compact engine core technology, completing over 3,000 endurance test cycles on high-pressure turbine technologies. This advancement is part of the company's ongoing efforts under the CFM program, which aims to develop more efficient and powerful engine cores for future aircraft.

In addition to its compact engine core technology, GE Aerospace has also achieved a major milestone with its XA102 adaptive cycle engine. The company has completed the detailed design review of this engine, which is part of its ongoing development support for advanced propulsion systems. This milestone underscores GE's commitment to innovation and its leadership in the aerospace industry.

GE Aerospace's progress in engine technology is not limited to its compact engine core and adaptive cycle engine. The company has also been involved in the development of the T901 engine for the Army's Improved Turbine Engine Program (ITEP). In February 2019, GE Aerospace was awarded a $517 million contract to develop this engine, which is designed to power the Army's AH-64 Apache helicopters. The T901 engine is expected to provide significant improvements in performance and fuel efficiency, making it a critical component of the Army's modernization efforts.

Comments



Add a public comment...
No comments

No comments yet