General Electric Revisits Low Of Move And Attempts To Rebound


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General Electric Company (NYSE:GE) shares are trading lower by 69 cents (3 percent) at $23.70 in Monday's session.


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Investors are exiting the stock after it was reported Friday afternoon that CFO Jeff Bornstein will be leaving the company.

After a lower open, GE had only a nickel bounce to $24.15 before continuing its mover lower. The follow through on the decline has found some intraday support at $23.61 and is attempting to rebound. That low coincides with it current low for the move, which was made on Sept. 8 ($23.58) and the low for the following day at $23.62.

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