Why GE’s Jeff Immelt Lost His Job: Disruption and Activist Investors
Harvard Business
OCTOBER 30, 2017
During Immelt’s tenure, GE’s stock market value fell by about half. Its stock is trading where it was 20 years ago. So far in 2017, GE is the worst-performing stock on the Dow Jones Industrial Average. In 2015 Trian Partners, an activist investor, bought $2.5 billion of GE stock — about 1.5% of the company.
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