Shares of General Electric Co. fell on Monday, bucking the sharply upward trend of the broader market as the beleagured industrial conglomerate continued to struggle. The stock fell 1.5% to $12.88, dropping below $13 for the first time since July 2009. GE is on track for its third straight daily decline, as well as its eighth negative session of the past 10. At current levels, it is down more than 26% in 2018, and it has lost more than half its value over the past 12 months. The company has been struggling for years, with the stock recently pressured by downbeat profit outlooks, a halved dividend, and an accounting probe by the Securities and Exchange Commission, among other factors. The stock was the only one of the 30 Dow components to be negative on Monday. The Dow gained 1.5% while the S&P 500 was up 1.3% and the Nasdaq Composite Index was up 1.4%.
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