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GE Aerospace Shares Soar. Boeing’s Loss Is GE’s Gain.

Al Root
·2-min read
GE Aerospace Shares Soar. Boeing’s Loss Is GE’s Gain.

Shares of GE Aerospace soared on Monday, and Boeing search for a new CEO was a key reason why. The Wall Street Journal reported that GE CEO Larry Culp turned down the opportunity to run Boeing. The commercial aerospace giant is in the market for a new CEO after Dave Calhoun announced in March he would leave at the end of 2024.

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