Shares of General Electric Co. sank 2.7% toward their first sub-$17 close in over six years, and the worst four-session stretch in nearly eight years, in the wake of the company’s disclosure ofmassive losses in its legacy insurance business earlier this week. The has tumbled 11.3% during its four-session losing streak, the biggest four-day drop since it plummeted 12.4% during period ending May 7, 2010. GE’s stock has tumbled 27% over the past three months, since the company announced its transformation plan, while the Dow Jones Industrial Average has rallied 13%.
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