GE's stock has its best year on record ahead of final breakup
General Electric Co. has saved its best year for its last.At the beginning of the second quarter, GE’s power and renewable-energy business will be spun off as GE Vernova, while its remaining business will be relaunched as GE Aerospace. That follows the conglomerate’s separation of GE HealthCare Technologies Inc. GEHC, -0.05% in December 2022.But rather than mourn the final breakup of the 150-year old company, which was co-founded by Thomas Edison, Wall Street cheered like it never had before. GE’s stock GE, ...