Why General Electric Company Stock Fell More Than 16% in October
General Electric Company (NYSE: GE) stock fell after a disastrous set of third-quarter earnings left investors reeling. The key highlights include:
In a nutshell, Flannery was forced to reset investor expectations after a series of disappointing earnings reports from GE revealed underlying issues at the company.
GE may sell its transportation unit as part of wholescale restructuring. Image source: Vincent Laforet for GE Reports.
Source: Fool.com
General Electric Co. Stock
€148.00
0.000%
With 35 Buy predictions and not a single Sell prediction General Electric Co. is an absolute favorite of our community.
With a target price of 162 € there is a slightly positive potential of 9.46% for General Electric Co. compared to the current price of 148.0 €.
