Ge Stock Falling

The last time ge stock collapsed this badly was.

Ge stock falling. Ge s stock falls to less than 7 from 42 in october 2007 and the company loses its sterling aaa credit rating eventually falling seven levels into the bbb tier the lowest category of. Ge in crisis. While the recent risk of a potential u s. The 2008 financial crisis hit ge hard.

Trade dispute with china might be weighing on ge s stock. Falling 9 4 as u s. Short sales or bets that a share price will fall have risen 17 in ge stock over the past month to 110 million shares worth about 995 million before the report came out thursday said matthew. As recently as january 2017 general electric nyse.

The company currently valued at 64 84 billion closed the recent trade at 7 39 per share which meant it lost 0 24 on the day or 3 15 during that session. Ge traded for more than 30 per share it has subsequently lost almost two thirds of its value. The 2008 2009 recession was a difficult time for ge. The company s stock fell 42 during the year and after welch s departure it became clear that ge was overstretched and bloated.

Transparency during the company s recent outlook presentation but said despite all the moving parts surrounding ge the stock. Ge stock is falling after ceo larry culp spoke at an investor conference. General electric news about a downgrade and lower price target from an analyst at jpmorgan has ge stock falling on monday. General electric s get report.

General electric company nyse ge has a beta value of 0 91 and has seen 33 464 401 shares traded in the recent trading session.