Why Shares in General Electric Are Falling Today
Shares in General Electric (NYSE: GE) had fallen more than 5% as of 11:30 a.m. EDT today. The market's concern with the spread of the delta variant of the coronavirus spilled over into a general market sell-off and affected companies related to travel in particular.
With the major airlines down significantly, it's inevitable that the companies that supply them will also get hit in sympathy. GE's exposure comes mainly through its leading position in aircraft engines and parts.
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Source Fool.com
