Premarket Alert: General Electric Co. gains on volume (GE)

Posted in General 
June 26th, 2009

General Electric Co. (NYSE: GE) shares are up about 1% on above-average premarket volume as of 9 a.m. Eastern, after CEO Jeff Immelt appeared on the “Charlie Rose” talk show last night. On the show, Immelt said GE Capital is currently undervalued, and may be worth up to $20 billion. He also talked about opportunities for GE to cut costs. — Mike Tarsala

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