Microsoft selbst warnt vor der Verwendung von Internet Explorer, da er nicht mehr den neuesten Web- und Sicherheitsstandards entspricht. Wir können daher nicht garantieren, dass die Seite im Internet Explorer in vollem Umfang funktioniert. Nutze bitte Chrome oder Firefox.

GE Stock Bears Are Grasping at Straws

TheMotleyFool

0 0

Late last month, General Electric (NYSE: GE) reported better-than-expected results for the second quarter of 2019. GE posted strong organic revenue growth and adjusted earnings per share came in at $0.17, well ahead of the average analyst estimate of $0.12. Most importantly, the company raised its full-year target for industrial free cash flow by $1 billion.

Despite the positive earnings news and guidance update, investors have dumped GE stock, causing it to fall 13% since the earnings report came out. That has pushed the share price back into single-digit territory.