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GE says it is a 'fundamentally strong company' after JPMorgan note hammers stock

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GE says it remains a 'fundamentally strong company' with a 'sound liquidity position' after a JPMorgan note hammers the stock

 

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GE shares surge 9% premarket on news of new IoT business, JPMorgan upgradeSounds promising This is like a company saying they are going to become a crypto company. Grasping at an industry to drive shareholder value. Also, power is in the data, not IoT devices. Should brand themselves that way.
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