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GE Aerospace Share Price Decline, CPP Acquisition, and Earnings Outlook

TIKR +1 ·

GE GE Aerospace
$313.83 +0.59%
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  1. 1GE Aerospace agreed to acquire CPP for $11.75 billion on September 8.
  2. 2Melius Research downgraded its rating on GE Aerospace from buy to hold on September 14.
  3. 3The closing price of $313.83 for GE Aerospace on October 16, 2026, marked a 20% decline from its intraday high of $389.

So what's the key point?

GE Aerospace decided to purchase CPP for $11.75 billion. The share price fell about 20% from its peak as expert expectations decreased.

Source TIKR +1 · View original ↗

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