Why General Electric Stock Just Popped 7.5%

Shares of industrials giant General Electric (NYSE: GE) are hopping in afternoon trading Wednesday, up 7.5% as of 1:10 p.m. EDT as GE CEO Larry Culp expounds on the company's plans at a Morgan Stanley investor event currently in progress.

What's driving GE shares higher? TheFly.com is giving minute-by-minute updates on the CEO's comments. Among the encouraging news:

Image source: Getty Images.

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Source Fool.com