Why General Electric Stock Just Popped 5%
General Electric (NYSE: GE) stock is continuing to claw its way back after falling hard Tuesday, after it was revealed GE is the subject of an SEC investigation into its accounting practices. In Tuesday trading, GE shares slipped nearly 5% at one point in response to the news. However, thanks to some well-timed good news from Wall Street, today, GE shares are now back above where they started this week -- and up 5.2% in 3 p.m. EDT trading.
Why?
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Source Fool.com
