General Electric announced a management shake-up and shares went down about three percent. This a company that I have mixed feelings of as there’s lot to like in the long term but there are also huge risks (e.g. pensions). But since it has many traits I like, I decided to buy additional 40 shares for 23,60 USD per share. I will add more should it break the 20 USD barrier. Huge company transforming itself while everybody loves to hate it, that’s usually a situation I like to be involved in. It remains to be seen if it will eventually bite me.
See: https://seekingalpha.com/news/3299959-general-electric-3-percent-management-shake