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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