GE Stock Hits A New High As ‘Positive Catalyst’ Seen Ahead Of Final Breakup

General Electric will soon emerge as an aerospace and defense company, shedding its diversified conglomerate past. Is GE stock a buy as it strikes a new high? Late Thursday, General Electric announced that the GE Board of Directors has formally approved the spin-off of GE Vernova, now set for April 2 before the market opens.