General Electric Is Still Playing a Losing Hand [Yahoo! Finance News]
GE Aerospace (GE)
Last ge aerospace earnings: 4/30 04:02 pm
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Source: Yahoo! Finance News
In early June, it appeared all the tumblers were coming into place forGeneral ElectricGEBoeingBAge stockSource: Sundry Photography / Shutterstock.comBut in this case, what goes up fast can come down just as hard. And in the case of GE stock, the stock has given up all of its gains as new cases of the novel coronavirus are threatening to cool the embers of the economic recovery.In the past, General Electric was a stock that investors ran to in times of economic uncertainty. But in those days, GE was in defensive industries and offered a strong dividend. That’s not the reality of GE today.InvestorPlace - Stock Market , Stock Advice & Trading TipsThe company reshuffled the deck, but for now, there’s nothing in their hand that makes me want to invest.The Novel Coronavirus Came at a Really Bad TimeIn the company’s first-quarter earnings call, chief executive officer Larry Culp confirmed what many investors already knew. It’s going to berough sledding for GE in the next quartercompany was f
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GE
Earnings
- 4/23/24 - Beat
GE
Sec Filings
- 4/23/24 - Form 10-Q
- 4/23/24 - Form 8-K
- 4/15/24 - Form 3
- GE's page on the SEC website