The General Electric Company’s stock cost 101.86 U.S. dollars per share at the end of 2023, a significant increase compared to the closing of the previous year. GE is an international conglomerate operating in various industry sectors, with aviation, power, oil & gas and healthcare being the main sources of revenue for the company. GE specific statistics For a more precise picture on the status of GE, the company’s balance sheet gives insight. GE’s revenue has remained relatively stable, but the number of employees has decreased in the past few years. This suggests that the company, though maintaining its income, is cutting costs due to worries over profitability. The drop in the stock price over recent years could be the public’s uncertainty over the company’s future, or it could point to real struggles within the firm.
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General Electric stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news.
Since the end of the 20th century, the market value of General Electrics fluctuated drastically with respect to changes in company's business performance or financial bubbles in the market. For instance, General Electrics reached its highest level of market capitalization during the dot-com bubble, with over 451 billion U.S. dollars worth in 1999. Besides, there has been a declining pressure on the total market cap of General Electrics since 2016, thus, driving its value down to roughly 58.9 billion U.S. dollars in 2020. In 2023, the market capitalization more than doubled to reach 117.9 billion U.S. dollars.
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The General Electric Company’s stock cost 101.86 U.S. dollars per share at the end of 2023, a significant increase compared to the closing of the previous year. GE is an international conglomerate operating in various industry sectors, with aviation, power, oil & gas and healthcare being the main sources of revenue for the company. GE specific statistics For a more precise picture on the status of GE, the company’s balance sheet gives insight. GE’s revenue has remained relatively stable, but the number of employees has decreased in the past few years. This suggests that the company, though maintaining its income, is cutting costs due to worries over profitability. The drop in the stock price over recent years could be the public’s uncertainty over the company’s future, or it could point to real struggles within the firm.