[General Electric] “GE Drops Out of the Dow After More Than a Century”

General Electric Co. will drop out of the Dow Jones Industrial Average next week, a milestone in the decline of a firm that once ranked among the mightiest of blue-chips and was a pillar of the U.S. economy…

GE shares have tumbled 55% over the past 52 weeks, erasing more than $100 billion in wealth, as the company has switched leaders, slashed its dividend payment and pursued a restructuring that could result in a breakup of the struggling conglomerate. It is the cheapest stock of all 30 Dow components.”

https://www.wsj.com/articles/walgreens-to-replace-ge-in-dow-industrials-1529443336

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