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
AMZN 1,530.42 -8.46 -0.55% : Amazon.com, Inc. – Yahoo Finance
GE cuts dividend to just 1 cent after $22bn writedown
GE shares hit 9-year low as Wall Street says cut may not be enough
GE’s gutted payout is the latest blow to dividend investing
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