General Electric Company (GE)

General Electric Company (GE)

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General Electric Co Profile

General Electric Co (GE.xnys) is an American multinational conglomerate headquartered in Massachusetts, the United States. GE operates in the fields of aviation, healthcare, power, renewable energy, finance, digital industry, additive manufacturing, and venture capital. General Electric Co has approximately 205,000 employees and operates a portfolio of over 30 subsidiaries, including GE Additive, GE Aviation, GE Capital, GE Digital, GE Healthcare, GE Power, GE Renewable Energy and GE Research. The American electric company has a network of 242 office locations across 67 countries worldwide. General Electric Co stock (GE.xnys) is listed on the New York Stock Exchange (NYSE), is a Standard & Poor’s 100 (S&P 100) and Standard & Poor’s 500 (S&P 500) component. The company has a $115.54B (USD) market cap in October 2021 and $79,619 (USD) in 2020 yearly revenues. General Electric Co (GE) stock price reached a historical low of $5.95 (USD) on September 11th, 2020. This year, the company’s stock price shows excellent signs of recovery, probably due to United Airlines, Inc. (UAL) order for jets and engines.

General Electric Company (GE) trading hours with FP Markets / 16:30 - 23:00

General Electric Company (GE): Trade a Contract for Difference (CFD) on GE stock, and speculate on the stock price difference of the underlying asset. CFD is a financial contract that allows you to trade on the underlying asset price without the need to purchase the actual stock. Investors are trading the difference in the value of a security between the opening and closing of the trade. You can either hold a long position (Buy) or a short position (Sell). CFDs are considered short-term investments or trades, as CFDs tend to be used within shorter timeframes.

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Share CFD Trading FAQ

Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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