General Electric Company
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Meanwhile, GE's stock exited its worst quarter in more than two years having lost 5.9 percent for the three-month period ending September 30.
Activist investors are notorious for not accepting a break-even investment when the funds could have been used elsewhere. Ordinary investors have also seen their investment in GE remain flat over the past year while the S&P 500 index gained around 5 percent.
Perhaps GE is suffering from an identity issue. Steve Tusa, an analyst at JPMorgan, told Bloomberg that GE is a solid company but investors "expect too much out of it."
The analyst added that there are also earnings risks attached to GE's stock, along with a weak underlying free cash flow.
Meanwhile, companies like Honeywell International Inc.
At last check, GE was up 0.81 percent on the day at $29.20.
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