Why General Electric Stock Rose Sharply Today

Why General Electric Stock Rose Sharply Today

Shares of General Electric (NYSE: GE) climbed on Wednesday after the industrial giant announced a strategic partnership with Altair (NASDAQ: ALTR). As part of the deal, Altair purchased Flow Simulator from GE Aviation. The simulation and artificial intelligence technology provider will further the development of Flow Simulator's software, which helps to optimize the design of fluid systems and machines.