If You Invested $1,000 in GE's IPO, This Is How Much Money You'd Have Now
"Edison's general electric" is how some newspapers referred to the then-fledgling company General Electric (NYSE: GE) in the late 1800s, when the stock first began trading publicly. The famed industrial conglomerate grew quickly, becoming one of the first members of the Dow Jones Industrial Average in 1896.
Since the 19th century, the company has grown, changed, and -- lately -- struggled. So far in the 21st century, GE's shares have lost more than 75% of their value, the company has shed many of its businesses, and investors are openly questioning the stock.
But what if you'd invested $1,000 in GE's IPO, way back in the 1800s? Here's how much that investment would be worth today.
Source Fool.com
