GE's Appliance Castoff is Doing Way Better After Being Sold Off
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Breaking up is hard to do if you believe the cheesy old Neil Sedaka song, but when your ex is the increasingly fractured General Electric, single life can be pretty great.
That's the story of GE Appliances, at least. The toaster, stove, and microwave oven unit of the once mighty American conglomerate was sold to a Chinese manufacturer in 2016 and, new data shows, it's carved out its best market share in a decade. That bodes well for its former parent company as it prepares for a high-profile split into three businesses.
Source Fool.com
