The soon-to-be spun-off power generation business of General Electric—GE Vernova—is getting more expensive, while the remaining business, GE Aerospace, is getting cheaper. Shares were up 1.5% at $133.15 in midday trading on Thursday. GE shareholders get one share of Vernova for every four GE shares held.
GE Stock Is Dropping While GE Vernova Rises. Short Seller Jim Chanos Could Be Why.
Mar 28, 2024