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GE’s stock rallies after Aviation unit announces $6.8 billion order from Qatar Airways

GE's stock rallies after Aviation unit announces $6.8 billion order from Qatar Airways

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Shares of General Electric Co. GE, +2.03% rallied 1.9% in afternoon trading Monday, after the industrial conglomerate said it received an order valued at more than $6.8 billion from Qatar Airways for its GE9X engines. GE Aviation said the order was part of Qatar Airways’ global launch order of 50 of Boeing Co.’s BA, +4.62% 777-8 Freighters.

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