Business Insider -
20 Aug 2017 16:35

Drew Angerer/Getty Images Warren Buffett cashed out of his $315 million position in General Electric, signaling the end of an era and an uncertain future for the $217 billion conglomerate. The company has underperformed in recent years. While the S&P 500 returned more than 35% to investors over the past three years, GE returned less than 9%. The company's problems won't easily be fixed, according to analysts. Warren Buffett is out on General Electric. During the second quarter — as the sprawli...
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