Price of GE Company shares 1990-2023
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.