Wednesday, January 3, 2018

Why GE Stock Slumped

General Electric Company (NYSE:GE) stock fell 9.3% in November, compounding a disappointing year for investors. In a nutshell, GE's investor update on Nov. 13 failed to demonstrate that a quick fix for the company's problems was in the cards. In addition, a 50% dividend cut would have disappointed any income-seeking investors holding the stock

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