They know what they are doing, it benefits them not our pockets. Culp cherry picked his spot which tells us where the future of the business will be. Eventually healthcare will never have any indication it ever was GE. Still can’t see the reasoning of this split. This only hurts the stock holders and makes money for day traders and big corporate individuals. GE never realized what diamond companies they had, when things get bad sell . Easy way out which eventually came to the companies demise.
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It will go on even without buyers. The share holders will just lose more money, because the timing for a spin with the current events is horrible. I would simply postpone the split.
Mr Culp seems too busy playing Kata games rather than actually running business.