GE Aerospace Falls 4% Despite Earnings Beat and Raised Outlook as Costs Climb; RTX Edges Higher, Boeing Barely Moves

A beat-and-raise quarter from GE Aerospace (NYSE:GE) is running into a jump in engine-related costs. GE Aerospace stock fell 4%, landing at $299.59 during the morning session, even after the jet engine maker topped estimates and raised its full-year outlook. Meanwhile, RTX (NYSE:RTX) stock is up 0.52% to $193.15. The gap stands out because both […]