GE Aerospace Stock Falls After Labor Deal. A Boeing Staff Dispute Is Ongoing.
1. GE Aerospace shares fell 0.2% after a contract ratification. 2. New contract includes a 21% wage increase over five years. 3. Jefferies maintains a Buy rating with a $350 target for GE Aerospace. 4. Striking workers represented only about 1% of GE Aerospace's workforce. 5. GE shares have risen 81% year-to-date amid industry challenges.