– GE Bloodbath Continues Following Largest Dividend Cut Outside of Financial Crisis

Posted by on November 13, 2017 9:41 pm
Categories: BEARISH

Rumors of a dividend cut at GE have been swirling all year. Today, we had an announcement that GE would cut its dividend for only the second time since the great depression. GE also announced it was shedding assets. The announcement was not priced in. Shares dipped another eight percent.