Tue, 09 Nov 2021 15:06:38 GMT
General Electric stock jumps
Prior to the start of Tuesday's US trading hours, General Electric announced that the company would split into three separate entities. The reason for the split was revealed to be an improvement and simplification of the business.
The news caused a stock surge, as the GE stock price jumped 7.31% and touched a new all-time-high level at $116.27.