what was ge stock worth in 1982

What is the price history of General Electric (GE)?

General Electric (GE) has the following price history information. Looking back at GE historical stock prices for the last five trading days, on February 01, 2022, GE opened at $95.00, traded as high as $98.42 and as low as $94.75, and closed at $97.95. Trading volume was a total of 8.15M shares.

What is the highest stock price ever for General Electric?

Historical daily share price chart and data for General Electric since 1962 adjusted for splits. The latest closing stock price for General Electric as of November 26, 2021 is 97.84. The all-time high General Electric stock closing price was 480.00 on August 28, 2000.

What are GE stock prices for the last 5 days?

Looking back at GE historical stock prices for the last five trading days, on October 16, 2019, GE opened at $8.86, traded as high as $9.07 and as low as $8.84, and closed at $8.90. Trading volume was a total of 57.84M shares. On October 17, 2019, GE opened at $8.92, traded as high as $9.09 and as low as $8.88, and closed at $9.04.

When did GE split adjusted shares start trading?

The split adjusted shares began trading on August 2, 2021. Loading ... This chart displays the latest GE stock price for today, as well as the stock price history for up to the past five years.

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What was GE stock worth in 1998?

GE - General Electric CompanyDateOpenLowJul 01, 1998235.10225.80Jun 01, 1998213.78207.37May 01, 1998219.07207.69Apr 01, 1998219.87206.8981 more rows

How many times did GE split?

Not at all. You can't compare GE's stock price in 1892 with its stock price today because GE stock has split nine times. A stock split lowers the per- share stock price by issuing additional shares to existing shareholders. There is a history of GE's splits at the FAQ link above.

How did GE stock get 100 dollars?

It's not a misprint, your General Electric Co. stock is now trading above $100. That's because the one-for-eight reverse stock split the industrial conglomerate company proposed in March just took effect.

When did GE stock go public?

August 5, 2014On August 5, 2014, GE completed the initial public offering (IPO) of its North American Retail Finance business, Synchrony Financial, as a first step in a planned, staged exit from that business.

What happens to my GE stock when the company splits?

These spin-offs are not totally unlike what happens when a company splits its stock, said Kelly Shue, a finance professor at the Yale School of Management. “Your original stock is now a share in GE aviation, but you also get these special stock dividends,” Shue said. “You're still going to own all three branches.”

Is GE a good stock to buy 2021?

Key Points. GE stock fell after the company reported its fourth-quarter results on Tuesday. While revenue declined due to supply chain issues and avoiding low-margin sales, GE expanded its profit margin and generated strong free cash flow in 2021.

Who Ruined General Electric?

Twenty years later, we can see clearly that the Manager of the 20th century was not Welch but Alfred P. Sloan, CEO and then Chairman of General Motors (1920-1963). Welch's main achievement was destroying the management model that Sloan had built, causing GE's subsequent near-collapse.

Will GE ever recover?

General Electric's shares appear to be poised for a rebound, based on an analysis of the stock's sell-side analyst price targets. The mean consensus target price for GE is $124.71, which is +25% higher than the company's last traded share price of $99.95 as of January 6, 2022.

Why did GE fail?

2008: GE in Crisis The 2008 financial crisis hit GE hard. The company's stock fell 42% during the year, and after Welch's departure, it became clear that GE was overstretched and bloated. Losses by the GE Capital financial segment nearly sank the company during the Great Recession.

What was GE highest stock price ever?

The all-time high General Electric stock closing price was 480.00 on August 28, 2000.

Who owns the most GE stock?

The top shareholders of GE are H. Lawrence Culp, Jr., Russell Stokes, Jeffrey S. Bornstein, T. Rowe Price Associates Inc., Vanguard Group Inc., and BlackRock Inc.

Why did GE split into three?

The firm hopes to focus and simplify its business while reducing its debt. One of the three new companies will focus on aviation, another on health care, and the third on energy. GE plans to spin off its health care division, which makes hospital equipment, in early 2023.

How much is GE stock in 2021?

What is General Electric?

General Electric (GE) has the following price history information. Looking back at GE historical stock prices for the last five trading days, on July 15, 2021, GE opened at $12.69, traded as high as $12.92 and as low as $12.57, and closed at $12.76. Trading volume was a total of 51.39M shares.

Why is Neutron Jack called Neutron Jack?

General Electric is a technology industrial company. Co.'s segments include: Power, which serves power generation, industrial, government and other customers with products and services related to energy production; Renewable Energy, which provides wind, blades, hydro, storage, solar and grid solutions, hybrid renewables, ...

What is the aviation unit of GE?

He earned the nickname of “Neutron Jack” because of his strategy of eliminating GE’s employees but leaving its physical assets intact. By the time Welch stepped down in 2001, he had transformed GE from a $25 billion manufacturing company into a $130 billion conglomerate of “boundary-less” segments.

Why did GE Capital lose its balance during the Great Recession?

GE's aviation unit is specifically impacted; a unit that is crucial to the company's profitability. GE's aviation unit makes airplane engines for Boeing and Airbus, and is GE's most profitable division, generating $32.9 billion in revenue for the company in 2019. That's 34% of total revenues.

How much did GE cut in 2020?

The GE Capital financial segment nearly toppled the company during the Great Recession because it did not have a competitive advantage over other financial services companies. To this day, the segment is still the subject of complaints that its balance sheet is too opaque and unwieldy.

What was the most popular jet engine in history?

As of February 2020, shares have fallen a whopping 59% since January 2017, when the company announced it would cut 12,000 jobs. The company’s market cap, which stood at $262 billion at the time, has fallen significantly to $107 billion.

What was the first product of GE?

It supplied the military with equipment and executives during World War II, and in 1949, introduced the J-47, the most popular jet engine in history.

When was GE invented?

GE’s earliest products were incandescent light bulbs, an electric locomotive, early x-ray machines, and an electric stove. The company began mass-producing electric home appliances in the 1920s and was soon credited for changing the landscape of the American home. In the years that followed, GE developed vacuum technology ...

How much did Hartke stock drop in 1983?

It was incorporated in 1892 as a result of a merger between the Thomson-Houston Company and the Edison General Electric Company.

How much did Coleco make in 1981?

For 1983 he expected sales to quadruple, to $100 million, and earnings to double, to $2 a share. Although there has been some profit-taking lately, dropping the stock more than $10 from its high of $49.50, Mr. Hartke is still recommending purchase. ''My original target of $100 still holds,'' he said. Advertisement.

How much did Winnebago lose in 1980?

Coleco's giant jump in sales last year to some $500 million from $176 million in 1981 came largely from mushrooming sales of home tabletop models of arcade games. Mrs. Isgur remained bullish on Coleco because of its plans to introduce a personal computer module that is compatible with Colecovision hardware in mid-1983.

When did Coleco become a big 3?

From a loss of 55 cents a share in its 1980 fiscal year ended Aug. 30, Winnebago's operating earnings rebounded to 19 cents the following year and 31 cents in the year ended last August.

When did Digital Switch go public?

Describing itself as ''a major manufacturer of recreational and entertainment products for the entire family,'' Coleco became one of the big three in video games in 1982. But when Warner's Atari division announced some bad news last month, the downdraft that hit the shares of Warner and Mattel struck Coleco equally hard.