ge stock split reddit

If however youd been savvy enough to sell at GEs all-time split-adjusted high in late 2000 youd have seen more than a 10000 return on your 1962 investment. It had been reported earlier this week that the two sides were in talks.

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Discover historical prices for GE stock on Yahoo Finance.

. GE has been somewhat struggling in recent years though recently reached a high of around 14 before a 7 drop following the announcement of the intention to reverse split. GE Reverse Stock Split Announced. GE has had so much momentum lately and it seems like they are just trying to cut down the number of shares to compare to others in their market cap range.

The General Electric 52-week high stock price is 11617 which is 257 above the current share price. A definitive analyst on General Electric is skeptical of the companys plans to split into three companies and some retail traders on Reddit feel the same. Ive seen many youtube videos reddit posts articles on why this stock is overvalued at 18 price to sales ratio which implies at least 20-25 sales growth sales growth 6-9x for the next 10 years based on my model.

Pretty sure the proper cost basis for calculating the gain is the average cost basis of all shares that were exchanged. Shares fell 54 to 1325 on the stock market todayGE stock is still extended off a 1201 three-weeks-tight entry and an alternative entry. Posted by 5 months ago.

NYSE Updated Mar 4 2022 1221 PM GE 9245 171 182. I too have shares of ge at 1000 frankly im furious over the proposition to reverse stock split. The board keeps saying we did this because its what companies this size do and i call bs theyre scared the low price will lure young investors creating volatility.

Historical daily share price chart and data for General Electric since 1962 adjusted for splits. General Electric NYSEGE has increased its dividend for 1 year. Since the century-old company announced.

General Electric Co. GE announced plans Tuesday to split into three separate companies. Applying our rough 1961 estimate.

Is this a dangerous sign. The latest closing stock price for General Electric as of March 03 2022 is 9245. When did General Electric last increase or decrease its dividend.

AerCap announced it would cease leases to. Prices shown are actual historical values and are not adjusted for either splits or dividends. General Electric GE has 8 splits in our General Electric stock split history database.

The reverse stock split authorized share reduction. Please see the Historical Prices tab for adjusted price values. Even Uber which I consider to be massively overvalued.

The first split for GE took place on June 08 1971. The stock GE -197 lost 48 in afternoon trading putting it on track for the biggest one-day decline since Sept. GE was only the fifth SP 500 company to try one since 2012 says SP Dow Jones Indices senior index analyst Howard Silverblatt.

Stock split history for General Electric since 1962. Reverse Stock Split Summary On July 30 2021 GE announced that it completed the 1-for-8 reverse stock split a corresponding proportionate reduction in the authorized shares of its common stock and reduction of its par value per share of common stock to 001 collectively the reverse stock split. Separately GEs board is recommending a 1-for-8 reverse stock.

Others now have with Russian leases. See General Electric Company GE history of stock splits. Includes date and ratio.

View daily weekly or monthly format back to when General Electric Company stock was issued. General Electric Quarterly Stock Splits. My GE positions for full transparency pretty bullish on this one.

You need to find the cost basis for those specific shares and use the sum on your tax return. Compare GE With Other Stocks General Electric Annual Stock Splits. 21 2020 when it fell 77.

General Electric the industrial conglomerate founded by Thomas Edison in 1892 is breaking up. BOSTON July 30 2021 GE NYSEGE announced today that it has completed the previously announced reverse stock split of GE common stock at a ratio of 1-for-8 with a proportionate reduction in the authorized shares of its common stock and reduction in the par value of common stock to 001 per share. There is no average cost basis involved.

12 319 125 41 13 41 18 917. This was a 2 for 1 split meaning for each share of GE owned pre-split the shareholder now owned 2 shares. Yes it is the same as if you sold the shares on that date.

In addition General Electric Company has a VGM Score of C this is a weighted average of the individual Style Scores which allow you to focus on the stocks that best fit your personal trading style. The industrial conglomerate underwent a 1-for-8 reverse split. Speculation says that their dividends are going to drop even further but GE is witholding comment until a later time.

For example a 1000 share position pre-split became a 2000 share position following the split. Also if anyone has something else theyd like to add about GEs outlook be my guest. The all-time high General Electric stock closing price was 48000 on August 28 2000.

GE stock prices are slightly down a bit today but by selling GECAS - General Electric escaped the huge problem. The most recent change in General Electrics dividend was a decrease of 088 on Friday December 7 2018.

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