Shares of GE's health care spinoff make trading debut on Nasdaq

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 53%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

Trading of GE HealthCare Technologies shares kicked off Wednesday morning, marking its debut as an independent company from conglomerate General Electric.

, General Electric said it had completed its spinoff of GE HealthCare after the closing bell Tuesday. As part of the separation, GE common stockholders "received one share of GE HealthCare common stock for every three shares of GE common stock held," it said.

In this photo illustration, the GE HealthCare logo is displayed on a smartphone screen in Brazil Oct. 12, 2022. Peter Arduini serves as the newly-independent company’s CEO. GE CEO H. Lawrence Culp Jr. holds the position of non-executive chairman at GE HealthCare.in the morning was rung by Arduini and GE HealthCare workers, according to the stock exchange.

"Today is an incredibly exciting day for GE HealthCare as we become an independent company and start a new chapter advancing our position as a global leader in precision care," Arduini said in a statement. General Electric Co. logos are displayed on the outside of enclosed jet engine test tunnels at the GE Aviation Test Operations facility in Peebles, Ohio, April 14, 2015.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Antitrust Laws: Promoting Competition and Free Markets

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

GE Healthcare stock to start trading as separation from GE is completedThe first stage of the break up of General Electric Co. has been completed, as GE HealthCare Technologies Inc. has been officially separated and will begin...
Source: MarketWatch - 🏆 3. / 97 Read more »

NASDAQ 100 Forecast: Setting Up for a Potential BoundThe NASDAQ 100 of course was closed during the trading session on Monday.
Source: Daily_Forex - 🏆 567. / 51 Read more »