Earnings: General Electric stock gains 7% on topline beat

General Electric (GE) shares gained over 7% during premarket trading on Thursday after the embattled manufacturing giant reported fourth-quarter revenue of $33.3 billion, up 5% year-over-year and higher than analysts’ projection of $32.01 billion. The top line was lifted by strong performance in the Aviation and Renewable energy segments, which grew 21% and 28% respectively. … Continue reading Earnings: General Electric stock gains 7% on topline beat