For the second year in a row, Yahoo Finance readers have chosen General Electric (GE) as the worst company of the year.
One look at its stock chart explains why: shares are down almost 60% for the year.
Out of all companies in the S it was until June 2018 included in the Dow Jones Industrial Average; and there are 8.7 billion shares outstanding. (To put that into perspective, Apple (AAPL) has 4.8 billion.) People care about GE.
Here’s a sampling of our readers’ gripes:
“50% loss.”
“Leadership turmoil, bad bets on eco-industry, poor execution on core business,”
“Management is terrible, too focused on short-term gains, not investing in R delisted from ^DJIA.”
“Cut dividend and headed to zero.”
“I LOST BIG BUCKS.”
It goes on.
https://finance.yahoo.com/news/ge-worst-company-again-according-150354351.html