GE

Whilst the huge increase in price makes the stock look great, it is only the result of a 1-for-8 reverse split. This reduces the number of shares from approximately 8.8 billion to 1.1 billion.

CEO Larry Culp said he wanted GE’s share price to reflect that of competitors – triple-digit share prices like Honeywell. It will better align GE’s number of shares outstanding with companies of their size and scope. I personally think this is a good move!