Moody's is Reminding Us that GE is Still Trouble
Yesterday, GE replaced its CEO. Its stock opened 14% higher but ended up losing around half its gains by closing time. 7% isn't so bad for GE. It even got a couple of analyst upgrades today!
Well, Moody's isn't having any of that and is currently reviewing GE's credit ratings and could potentially downgrade it. $GE currently down by 2%. Guess GE's one-day run was good while it lasted.
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