GE will likely be dropped from the Dow, Deutsche Bank predicts

GE WILL LIKELY BE DROPPED FROM THE DOW, DEUTSCHE BANK PREDICTSp31231411.png

ㅤStory via Global Energy Post – “‘We believe the chances that GE could be removed from the Dow are increasing as GE continues to face substantial challenges including earnings and cash pressure, tough global power generation markets, aggressive downsizing, shrinking its portfolio, management shake-up and SEC investigations,’ Deutsche Bank analyst John Inch wrote Wednesday. ‘Apart from GE’s other challenges, as the company’s absolute share price has continued to drop, GE increasingly falls into the category of outlier and consequently a likely candidate for removal.'”


Full story at CNBC, image from cnbc(.com) – 1/31/18.ㅤTags ge, dow jones, general electric, dow.

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