General Electric Sharply Unplugged After Q4 Report
General Electric Company (NYSE: GE) shares are trading lower by $0.83 at $27.76 in Friday's session. Despite a Q4 EPS beat of $0.03, the Street is instead focusing on its revenue miss of $2 billion.
After a lower open, it bounced only a penny to $28.56 before caving in. So far, it slid under $28 with the current low standing at $$27.71. If the decline continues, there may be additional support at Wednesday's low of $27.48.
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