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Economy

“GE stock turns lower after confirming $30 billion AerCap deal, proposing reverse stock split”

“Shares of General Electric Co. dropped Wednesday, after the industrial conglomerate confirmed a $30 billion deal with AerCap Holdings NV, while also surprisingly proposing a 1-for-8 reverse stock split… The stock GE, -6.40% swung to a loss of 2.0% in premarket trading, reversing… Continue Reading…