Why General Electric Stock Dropped 6% This Morning

Shareholders of General Electric (NYSE: GE) probably expected a big boost to their stock price on Wednesday, after the company made some pretty positive pronouncements in an investor update on its website.

Instead, while this blue chip stock didn't do quite as badly as it did earlier in the morning (down 5.1% at the close today, after falling more than 6% in early trading), the stock isn't looking particularly healthy, either.

Image source: Getty Images.

Continue reading

Source Fool.com