Why General Electric, Triumph Group, and Atlas Air Worldwide Stocks Popped Tuesday
Shares of General Electric (NYSE: GE), Triumph Group (NYSE: TGI), and Atlas Air Worldwide (NASDAQ: AAWW) all closed higher after Tuesday trading, with GE stock up a respectable 4.3%, but Triumph Group rising 10.4%, and Atlas Air winning the race with an 11.5% sprint higher. General Electric makes engines for both of the world's largest airplane manufacturers, Boeing and Airbus. Triumph doesn't service Airbus, but it does supply Boeing with parts comprising large portions of that manufacturer's airplanes.