GE Aerospace shares dip 2% as trading volume falls and earnings beat expectations

GE Aerospace stock fell 2% on Wednesday, reaching a low of $302.98 and closing at $303.35, while about 3.8 million shares changed hands, a 26% drop from the average daily volume of 5.1 million shares.

The company reported earnings of $2.02 per share, surpassing the $1.86 consensus, and revenue of $12.63 billion, up 21.1% year‑over‑year; it also announced a quarterly dividend of $0.47 per share payable on October 26, and senior vice president Mohamed Ali sold 8,096 shares on July 24 at an average price of $353.71, generating proceeds of $2.86 million.