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Is General Electric’s Reverse Stock Split A Smart Move? Josh Brown Thinks So

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Although the General Electric Co (NYSE:GE) reverse stock split won’t affect the fundamentals of the company, it’s a smart move, Ritholtz Wealth Management CEO Josh Brown said Tuesday on CNBC’s “Fast Money Halftime Report.” What Happened: On June 18, General Electric announced it will proceed with the one-for-eight reverse stock split that was previously approved by shareholders.

...read full article on Benzinga

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