General Electric shares rise sharply but the business of the company is still under the pressure

General Electric shares rise sharply but the business of the company is still under the pressure

General Electric (NYSE: GE) shares have advanced more than 50% since the beginning of October, mainly on speculation of what a vaccine could mean for GE’s aviation business. In less than several weeks, the price of the stock has advanced from $6.27 above $10 and the current price stands around $9.7. Fundamental analysis: Revenues from the aviation segment have decreased by 38% in Q3 General Electric (GE) is an American company that operates through the following segments: healthcare, power, aviation, renewable energy, digital industry, additive manufacturing and finance. The price of the stock has weakened more than 60% since the
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