Springfield, MO

GE's value tumbles

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General Electric's stock price hit a two-week low this week as the value of the company continues to drop.

The company has lost a quarter of its value, or $70 billion, so far this year, according to CNNMoney.

The challenges come amid executive shakeups. Jeff Immelt stepped down as CEO this summer after facing criticism from investors. The new CEO, John Flannery, is on a cost-cutting mission.

Read more from CNNMoney.


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