Here's Why GE Aerospace (Formerly General Electric) Soared in March

Investors warmed to the breakup of General Electric into two separate companies.Shares in General Electric, now GE Aerospace (GE 6.22%), rose by 11.9% in March, according to data provided by S&P Global Market Intelligence. The move occurred in the run-up to the successful spinoff of GE Vernova (NYSE: GEV) (listed as a separate company on April 2.) and bodes well for the new aerospace and defense company.GE VernovaFor reference, GE Vernova combines GE's power business (primarily gas turbines and services), i ...