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Will US-China Trade Tussle Hit General Electric Stock in 2018?

Samuel Prince
Will US-China Trade Tussle Hit General Electric Stock in 2018?

General Electric (GE) stock lost 47.3% of its value, implying a market capitalization erosion of ~$130.0 billion in the past year. The stock’s 52-week high was $25.21, whereas its 52-week low was $11.94. The present stock price reflects a ~50% discount to GE’s 52-week high. Major issues facing GE stock include GE Capital’s financial health, the uncertain business environment in GE Power, and the SEC’s investigation into the company’s accounting practices.