GE's Stock Price Continues To Tumble

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GE stock has been hovering around $13 for the last couple of days, down from about $30 a year ago.

Experts say the conglomerate is likely to continue its struggle to raise profits, despite major changes, including the company's move to Boston and the appointment of a new CEO, John Flannery, last year.

Robert McCarthy, an analyst at the investment banking firm Stifel, told WBUR's Morning Edition that GE's investors may be looking at a long road to recovery.

This segment aired on April 5, 2018.

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Bob Oakes Senior Correspondent
Bob Oakes was a senior correspondent in the WBUR newsroom, a role he took on in 2021 after nearly three decades hosting WBUR's Morning Edition.



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