🔴 GE Aerospace is trading 3.2% down today after China's Boeing order disappoints investors

GE Aerospace (GE.NE) is trading 3.2% down at CA$36.83 after a newly announced aircraft deal with China fell short of investor expectations.

• GE's CEO was part of a U.S. delegation in Beijing where China announced an order for 200 Boeing jets.
• Markets had reportedly anticipated a much larger order of around 500 jets, leading to disappointment and a sell-off in both Boeing and GE shares.
• As Boeing's primary engine supplier, GE's stock was directly impacted by the smaller-than-expected deal size.