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GE Stock Hits A New High As ‘Positive Catalyst’ Seen Ahead Of Final Breakup

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General Electric will soon emerge as an aerospace and defense company, shedding its diversified conglomerate past. Is GE stock a buy as it strikes a new high? Late Thursday, General Electric announced that the GE Board of Directors has formally approved the spin-off of GE Vernova, now set for April 2 before the market opens.

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