• Why General Electric chucking a 100 year old business model works

    1 month ago - By Wall Street Survivor

    General Electric has been in the news lately, and not for good things. A 52-week trading range that is incredibly turbulent, between ~$12-$27 a share, (as of close of market 7/17/18 the stock was at $13.69). If you take a look back even further, from 2007 to 2009, the stock went from $41.77 on 10/1/2007 to $7.06 on 3/2/2009. Why? Bad management, and lack of direction really took a toll on this massive behemoth.
    Why we should care about GE now
    $GE is a stock that currently everyone loves to hate, but in recent history, new management has been creating opportunities to improve the balance...
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