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The industrial giant's aerospace and energy businesses began trading on the New York Stock Exchange as separate entities more than a year after GE spun off its healthcare business. GE Aerospace ...
The split marks the end of the 129-year-old conglomerate that was once the most valuable U.S. corporation and a global symbol of American business power. The ambitious move drove an 8.2% rise in ...
Optics: Splits reset share prices, and the new shares have their own trading histories, which are reflected in charts and graphs tracking their value over time. If a stock has taken a big tumble ...
The main effect of stock splits is an increase in the liquidity of a stock: [3] there are more buyers and sellers for 10 shares at $10 than 1 share at $100. Some companies avoid a stock split to obtain the opposite strategy: by refusing to split the stock and keeping the price high, they reduce trading volume.
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General Electric scientist Robert N. Hall invents the solid state laser [5] 1963 Gerald L. Phillippe becomes chairman, replacing Ralph J. Cordiner: 1964 General Electric sponsors Carousel of Progress at the 1964 New York World's Fair and continues sponsorship after it is moved to Disneyland from 1967 to 1973, then to Magic Kingdom (1975–1985 ...
General Electric (GE) has plans to split into three companies focused on the growth sectors of aviation, healthcare and energy, the company announced today, which immediately sent the stock rising....
The stock has 13 Buy ratings, 9 Hold and zero Sell. In 2021 the company did an 8 for 1 reverse stock split. Argus's Eade believes shares have room to grow and recently raised his price target to $130.