The market seems to view this as negative despite the strong earnings. Maybe the reverse split will be good news for GE’s stock to trade more closely to its underlying value
General Electric Sets Date for 1-for-8 Reverse Stock Split as Aug. 2<blockquote>通用电气将8月2日进行1股反向股票分割的日期定为8月2日</blockquote>
General Electric (GE) -Get Report said Friday it will proceed with its planned one-for-eight stock s