GE Massively Outperforms The Index As Spin-Off Unlocks Value
GEGE(GE) Forbes·2024-03-06 02:18

(AP Photo/Gene J. Puskar, File)Copyright 2016 The Associated Press. All rights reserved.Brief Backdrop on GE Stock Performance Before 2021 Spin-off AnnouncementsIn the 2000s, GE’s expansion was spurred by GE Capital’s success, the company’s financial arm, along with the company’s diversification strategy. However, GE Capital suffered losses and got bailed out by the US government following the 2008 financial crisis. Consequently, GE was a marked underperformer during the 2011-2021 period due to overdiversif ...