Why General Electric Stock Soared 37% in November

Lee Samaha, The Motley Fool
·2-min read
Why General Electric Stock Soared 37% in November

Shares in General Electric (NYSE: GE) soared 37.2% in November according to data provided by S&P Global Market Intelligence. There are two main reasons for the dramatic move. In addition, there was hard evidence of an improvement in the two segments, power and renewable energy, that CEO Larry Culp is restructuring for growth.