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General Electric's New CEO Is a Canary in a Coal Mine for GE Stock

On Monday (Oct. 1), General Electric Co. (NYSE: GE) announced that company CEO John Flannery would be stepping down, ending his brief, yearlong tenure at the helm of one of America's most recognizable brands. Excitement over Flannery's replacement, former Danaher Corp. (NYSE: DHR) CEO Larry Culp, pushed GE's ailing stock up as much as 15%, indicating that investors have confidence in Culp's ability to stem the company's historic decline... Tags: ge stock To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and visitors become smarter, more confident investors. Disclaimer: © 2018 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post General Electric's New CEO Is a Canary in a Coal Mine for GE Stock appeared first on Money Morning - We Make Investing Profitable .
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