GE Stock Is Dropping While GE Vernova Rises. Short Seller Jim Chanos Could Be Why.

Mar 28, 2024
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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.

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