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Business, Stocks

“GE Stock Falls As Coronavirus Cuts Earnings By Nearly $1 Billion”

“General Electric posted bigger-than-expected drops in earnings and revenue for the first quarter, as the coronavirus hit to global commercial air travel stung key businesses. GE stock fell as cash burn was also slightly worse than the industrial giant forecast. Nearly $1 Billion Of GE Earnings Erased By Coronavirus The restructuring conglomerate saw total revenue slide 8% to $20.524 billion…”

https://finance.yahoo.com/m/c78f6ed9-bb74-3d4a-a9b1-40b4571024aa/ge-stock-falls-as-coronavirus.html

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