Why General Electric Stock Is Up Today

Why General Electric Stock Is Up Today
Lou Whiteman, The Motley Fool
·2 min read

Shares of General Electric (NYSE: GE) gained more than 5% on Monday after Boeing (NYSE: BA) received an important new order for its 737 MAX aircraft. A GE joint venture makes the engines for the MAX, meaning an increase in orders for the plane should benefit GE as well. General Electric shareholders have endured a prolonged period of underperformance, with the stock off by more than 52% over the past five years.