Yoojung Park(Stella)
UCR Extension
1200 University Ave. Riverside, CA 92507
Email: [email protected]
Phone : (1-951) 756-3404
2. General Electric Co. (GE): Low Risk or Blue Chip
S
h
a
r
e
$19.60
$19.20
$18.80
$18.40
P
r
i
c
e
GE
-6.97%
$18.00 $18.29
$17.60
$17.91
$17.20
Date
1> The share price of GE has been decreased. However, from July 18 to July 21, its
share price rose continuously. According to The Street, Boeing’s 737 upgrade
boosted record production at the GE partnership supplying the engine of plane.
The 737 upgrade had some positive signs for GE. First, AMR choose to redesign
the Boeing’s 737 instead of making a new one. The Boeing 737 uses the engine
that GE manufactures in a joint venture with CFM International. It means a lot to
GE and its stock.