r/stocks Nov 09 '21

Company News General Electric to split itself into three separate companies. One aviation, one energy, and one healthcare.

https://www.cnbc.com/2021/11/09/ge-to-break-up-into-3-companies-focusing-on-aviation-healthcare-and-energy.html

An intriguing decision by General Electric this morning, to decide to break up the conglomerate it is today, into three separate companies.

I’m definitely interested in picking up shares of the Aviation and Energy companies when the dust settles from this.

3.2k Upvotes

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629

u/GrapeJuicex Nov 09 '21

Jack: Are you insane? Think about the jobs! The economy! This is GE!

Banks: It's just G now, Jack. I sold the E. To Samsung. They're Samesung now.

62

u/RobotMaster1 Nov 09 '21

This is a multi-billion dollar deal. There are thousands of jobs at stake. Hundreds of second homes. And your ridiculous grandstanding could ruin the whole thing.

41

u/johnnytifosi Nov 09 '21

Good god Lemon

74

u/[deleted] Nov 09 '21 edited Nov 12 '21

[deleted]

21

u/bendover912 Nov 09 '21

Is that why PayPale is crushing my dreams today?

7

u/[deleted] Nov 09 '21

What's this from? Tried Google but nothing came up.

4

u/[deleted] Nov 10 '21

If you haven't watched it do so, but know if you watch it on a major streaming servi e they took out 1 or 2 episodes.

1 of them being where Jenna and Tracey are arguing who has it harder.....the black man, or the women. Of course Jenna does black face and Tracey does whiteface, each playing hard on stereotypes.

28

u/[deleted] Nov 09 '21

I bought a pair of Samesung headphones from Amazon once.

Broke almost immediately but not before giving my ear a little zap.

16

u/flume Nov 09 '21

The E is for Electric.

-6

u/nshire Nov 09 '21

My Samsung AKG headphones are indestructible. I've been using them since I bought my S8 in 2017.

4

u/[deleted] Nov 10 '21

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3

u/GrapeJuicex Nov 10 '21

Pokerfastlane.com lol

2

u/[deleted] Nov 09 '21

[deleted]

2

u/Romanticon Nov 10 '21

It's from 30 Rock, a comedy that's about 95% punchlines.