Market Overview

GE Reaches Lowest Level Since December 2011

Share:
Related GE
On This Day In Market History: Edison Founds GE's Predecessor
Fresh Faces: GE, J.C. Penney Shares Revitalized By New Leadership
Can A Dividend Growth Portfolio Beat Index Funds? (Seeking Alpha)

General Electric Company (NYSE: GE) shares are trading lower by $1.22 (6.8 percent) or $17.80 in Tuesday's session.

The loss comes on top of Monday's decline of $1.47 ($20.49 to $19.02). Individual investors and institutions are exiting the stock in grand fashion as exhibited the monster volume over the last two sessions.

See Also: Dividend, Revised Focus: Everything You Need To Know About General Electric

After a lower open, GE couldn't meet reach Monday's close ($19.02) before continuing its move lower. It has continued to make new lows for the session, with the current one at $17.70 as of 12:14 p.m. EST. That marks the lowest level for the stock since December 2011 when it bottomed at $15.73.

Posted-In: Technicals Intraday Update Movers Trading Ideas

 

Related Articles (GE)

View Comments and Join the Discussion!

Will Under Armour's 'Good Old Days' Ever Return?

5 Side Hustles That Can Actually Make You Money