General Electric (NYSE:GE) shares have extended yesterday’s slump in the pre-market session today as investors take in the comments from the company’s CFO Carolina Dybeck Happe at the Morgan Stanley 10th Annual Laguna Conference.
Happe indicated that GE is seeing cash flow pressure owing to supply chain constraints.
Earlier, the company announced the spin-off of GE Healthcare is expected to be completed in the first week of January 2023.
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