Why General Electric Company Stock Tumbled Today [The Motley Fool]
General Electric Company (GE)
Last general electric company earnings: 4/30 04:02 pm
Check Earnings Report
US:NYSE Investor Relations:
ge.com/investor-relations/overview
Company Research
Source: The Motley Fool
Shares of the conglomerate fell after its CEO issued a pair of warnings on the company's growth. Jeremy Bowman ( TMFHobo ) May 23, 2018 at 6:10PM What happened Shares of General Electric ( NYSE:GE ) took a dive today after CEO John Flannery cooled off hopes of a speedy turnaround at the struggling conglomerate. He warned that the industrial giant's power division wouldn't see profit growth until 2020, and also said he couldn't guarantee the company would be able to keep paying a dividend. As a result, the stock finished down 7.3%. Image source: General Electric. So what Speaking at the Electrical Products Group conference, Flannery cautioned on the two accounts above, and lowered the company's profit margin target in the power division to 10% in the near term from the low- to mid-teens, which could affect the company's credit ratings.
Show less
Read more
Impact Snapshot
Event Time:
GE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GE alerts
High impacting General Electric Company news events
Weekly update
A roundup of the hottest topics
GE
News
- Nuclear Power Market Projected to Reach 439.39 Gigawatts by 2029, Exhibiting Steady Growth Amid Global Decarbonization Efforts [Yahoo! Finance]Yahoo! Finance
- GE HealthCare's (GEHC) PVA to Aid in Capturing Prostate Volume [Yahoo! Finance]Yahoo! Finance
- Illuminating The Future: The Electrifying Impact Of AI On Electricians [Forbes]Forbes
- 4 Best ETF Areas of Q1 [Yahoo! Finance]Yahoo! Finance
- Mobix Labs Broadens Product Portfolio to Include Medical Technology Sector [Yahoo! Finance]Yahoo! Finance
GE
Earnings
- 1/23/24 - Beat
GE
Sec Filings
- 3/14/24 - Form ARS
- 3/14/24 - Form DEFA14A
- 3/14/24 - Form DEF
- GE's page on the SEC website