Do you think GE will be bailed out eventually, or it will turn around on its own?
The stock market was up today but there were a couple stocks that continued to be under heavy pressure. Amazon has been the focus of attention for many, since it was up until recently such a great performer. GE’s stock is another interesting story because of an action they were forced to make to prevent the company from collapsing. Is there a future bailout coming?
Amazon is having its third straight day of losses
www.cnbc.com/2018/10/30/amazon-enters-its-third-straight-day-of-losses.html
AMZN 1,530.42 -8.46 -0.55% : Amazon.com, Inc. – Yahoo Finance
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GE cuts dividend to just 1 cent after $22bn writedown
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www.zerohedge.com/sites/default/files/inline-images/2018-10-30_11-13-06.jpg?itok=sCFCVOWv
GE shares hit 9-year low as Wall Street says cut may not be enough
www.cnbc.com/2018/10/30/ge-shares-hit-9-year-low-as-wall-street-says-cut-may-not-be-enough.html
GE’s gutted payout is the latest blow to dividend investing
www.cnbc.com/2018/10/30/ges-gutted-payout-is-the-latest-blow-to-dividend-investing.html
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