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South Korea Cuts Investments in GE, GM, and Netflix Stock
Unfortunately, that means that the fund cut exposure to GE stock’s 29.2% rally so far in the fourth quarter through Friday’s close; that gain is far better than the 4.5% rise in the S&P 500, which has looked unstoppable as of late. GE stock has benefitted from the stability that CEO Larry Culp has brought, and we noted earlier this month that sentiment has become more positive in the name. GE Bears still abound, however.
https://finance.yahoo.com/m/5bf4022...8/south-korea-cuts-investments.html?.tsrc=rss
Unfortunately, that means that the fund cut exposure to GE stock’s 29.2% rally so far in the fourth quarter through Friday’s close; that gain is far better than the 4.5% rise in the S&P 500, which has looked unstoppable as of late. GE stock has benefitted from the stability that CEO Larry Culp has brought, and we noted earlier this month that sentiment has become more positive in the name. GE Bears still abound, however.
https://finance.yahoo.com/m/5bf4022...8/south-korea-cuts-investments.html?.tsrc=rss
