ge stock split reddit

GE from the largest community of traders and investors. BOSTON June 18 2021 GE NYSEGE announced today that it will proceed with the 1-for-8 reverse stock split previously approved by GE shareholders at the annual meeting of shareholders on May 4 2021.

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For example a 1000 share position pre-split became a 2000 share position following the split.

. GE plans to file an amendment to its certificate of incorporation to effectuate the reverse stock split after the close of trading on. 7453 001 001 Watch. General Electric the industrial conglomerate founded by Thomas Edison in 1892 is breaking up.

Ive seen many youtube videos reddit posts articles on why this stock is overvalued at 18 price to sales ratio which implies at least 20-25 sales growth sales growth 6-9x for the next 10 years based on my model. The reverse stock split authorized. Rooms Shows Rankings Earnings Newsletters Shop.

Posted by 5 months ago. This was a 2 for 1 split meaning for each share of GE owned pre-split the shareholder now owned 2 shares. GE Reverse Stock Split Announced.

GE Healthcare will be spun off in early 2023 with GE retaining a 199 stake. GE announced plans Tuesday to split into three separate companies. The first split for GE took place on June 08 1971.

Share your opinion and gain insight from other stock traders and investors. The key points of the plan are as follows. The GE Power GE.

General Electric GE has 8 splits in our General Electric stock split history database. BOSTON July 30 2021 GE NYSEGE announced today that it has completed the previously announced reverse stock split of GE common stock at a ratio of 1-for-8 with a proportionate reduction in the authorized shares of its common stock and reduction in the par value of common stock to 001 per share. Even Uber which I consider to be massively overvalued.

Real-time trade and investing ideas on General Electric Co. A definitive analyst on General Electric is skeptical of the companys plans to split into three companies and some retail traders on. Find the latest General Electric Company GE stock discussion in Yahoo Finances forum.

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