GE shares broke below $18 for the first time since December 2011 on Tuesday, as the stock’s electric slide continued for the second-straight session.
The ailing behemoth saw its shares slide as much as 7 percent on Monday, for its worst trading day since 2009, following a dividend cut and a weak 2018 forecast released at its investors meeting. But if recent history is any indication, the cut may not spell doom for GE shares.
