What the Market Missed From General Electric's Q2 Earnings
I feel the pain of General Electric (NYSE: GE) shareholders right now (because I am one). The industrial conglomerate has seen its stock price drop by more than 60% over the last five years, even as the S&P 500 has chalked up a nearly 50% gain.
GE's Q2 report was definitely a mixed bag, but that's at least a step up from the terrible earnings reports it was churning out in 2018. So the market's reaction -- shares are down 11.4% since the announcement -- seems unusually harsh. Here's what investors are missing from GE's earnings report.
General Electric's top division, aviation, suffered in Q2. Image source: Getty Images.
Source Fool.com
