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GE Stock Prices Jumps 4% After Nelson Peltz Investment (NYSE: GE)
The General Electric Co. (NYSE: GE) stock price jumped more than 4% to $26.63 Monday after activist investor Nelson Peltz revealed he has accumulated a sizable stake in the global conglomerate.
Peltz says GE could returns 40% of its current market value to shareholders by 2018.
But that's not the only reason we're bullish on the GE stock price now...
The General Electric Co. (NYSE: GE) stock price jumped more than 4% to $26.63 Monday after activist investor Nelson Peltz revealed he has accumulated a sizable stake in the global conglomerate.
Peltz says GE could returns 40% of its current market value to shareholders by 2018.
But that's not the only reason we're bullish on the GE stock price now...