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Stock impact report

General Electric: Headed For Single Digits? [Seeking Alpha]

GE Aerospace (GE) 
Last ge aerospace earnings: 4/30 04:02 pm Check Earnings Report
US:NYSE Investor Relations: ge.com/investor-relations/overview
Company Research Source: Seeking Alpha
Summary General Electric ( GE ) is in a tough spot. Investors are dissatisfied with the industrial company's performance and no matter what the company proposes, investors have little confidence in GE. Though General Electric has presented investors with a plan to unlock value through a healthcare spin-off and asset sales earlier this yeara, GE's stock price has fallen to new 52-week lows this week. What should investors do now? General Electric has been a terrible stock to own over the last two years. While the Dow Jones Industrial Average moved on to reach new all-time highs in 2018, General Electric's share price slipped from more than $30 two years ago to ~$12 this week. As a matter of fact, GE's shares slumped to a new 52-week low @$11.94, which was also the lowest price investors have seen in nine years. Year-to-date, General Electric has tumbled ~30 percent. [Note: The Relative Strength Index again suggests that General Electric's stock is at the brink of being ove Show less Read more
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