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#GE stock

FOXBusiness

General Electric's stock reverse splits 1-for-8

General Electric Co. shares will begin trading Monday at a reverse split-adjusted price of $103.60. The 1-for-8 reverse split, which was approved by shareholders at the company’s annual meeting in May, reduces the number of shares from approximately 8.8 billion to 1.1 billion. Ticker Security Last Change Change %. GE...
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Fast Company

GE stock is reverse splitting today: Here’s why

If you’re a shareholder in General Electric (GE) stock, you will likely notice something unusual when the markets open on Monday. Shares in the multinational company are suddenly worth eight times what they were worth on Friday. Don’t get too excited, though. It’s just a little accounting sleight of hand....
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TRENDING TOPICS

General Electric Stock Gains Amid 1-for-8 Reverse Split Debut

General Electric (GE) - Get Report will being trading Monday on a split-adjusted basis Monday after the recovering industrial group impressed with stronger-than-expected second quarter earnings last week and an improved outlook for industrial cash flows. GE said the 1-for-8 stock split will "reduce the number of shares outstanding "to...
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InvestorPlace

GE Stock Split 2021: 6 Things for General Electric Investors to Know

Shares of General Electric (NYSE:GE) stock are now trading in the triple digits as of Monday after the company announced some major news this past weekend. After proposing a 1-for-8 reverse stock split back in March, General Electric officially made it happen last Friday. Now, shares are trading above $100 after closing at $12.95 on Jul. 30.
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General Electric Continues Its Slow Recovery

Last week, GE reported second-quarter revenue and adjusted EPS results that modestly beat expectations. GE's healthcare unit logged solid revenue growth and extremely strong margins last quarter. With rising free cash flow and an improving balance sheet, GE looks like an appealing turnaround stock. The COVID-19 pandemic hit at a...
BUSINESS

Should You Buy or Sell GE Stock Ahead of the 1:8 Reverse Split?

General Electric (GE) announced a reverse stock split that will come into effect on July 30. The stock will trade on a split-adjusted basis on Aug. 2. The stock has outperformed the markets in 2021 — so, what’s the forecast for GE stock in 2021 and should you buy or sell before the reverse stock split?
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