How GE stock went from $12.95 to $103.60 in one day

GE (General Electric) Stock experienced a rare reverse stock split effective August 2, 2021. On July 30, when the stock market closed on Friday afternoon, the stock was trading for $12.95 a share. Then the 8-to-1 reverse stock split went into effect, changing the stock price to $103.60.

Watch the video to check out how that affected your GE stock, like mine did, and why GE decided to do a reverse stock split.

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