General Electric (GE) Continues Winning Ways, Erases Year's Share Losses

September 16, 2009 10:31 AM EDT

General Electric Co. (NYSE: GE) is continuing its recent winning ways today, as one of the most significant reversals of sentiment plays out. The stock is up another 4% today, erasing all of this years share loss.

GE started the year at $15.61, sank down to $5.87, and now has re-traced to $16.65. A call that GE is a $2 stock from long-time bear Charles Ortel in July may have marked a true bottom in the stock.


Real-Time Market Moving News Two-Weeks FREE http://www.streetinsider.com/premium_content.php


You May Also Be Interested In





Related Categories

Insiders' Blog, Momentum Movers, Trader Talk