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Direct: General Electric jumped 8% Friday, after suffering heavy losses.
The gains in shares of the US company after the CEO of General Electric "Larry Kolb" trust in buying a number of shares of the company.
The sector's shares fell by 11% during Thursday's session, which represents the biggest daily loss since April 2008 in light of reports that question their financial situation.
Harry Marco said that the US company concealed financial problems and that the liquidity situation was very bad, but Kolb rejected the accusations, calling them false.
The company's chief executive, Larry Kolb, bought 252.2,000 shares for $ 7.93 per share, according to a disclosure on the US Stock Exchange later yesterday.
Although Bank of America has reduced GE's price target by just $ 1, this is due to ongoing market pressures on the growth and margins of its energy activities.
At 15:29 GMT, the GE stock rose 7.9% to $ 8.64.
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