Shares of General Electric Co. have extended their slide following a rare profit miss, and were now down 6.0% in very active premarket trade, putting them in danger of their worst one-day post-earnings performance in over eight years. Volume topped 1.4 million shares two hours before the open, making the stock the most actively traded in the premarket. This would mark the eighth-straight quarter that GE’s stock has fallen the day it reported results. But the last time the stock dropped this much was July 17, 2009, when it fell 6.1% after Q2 2009 results. GE’s stock is on track to open at the lowest price seen during regular session hours since Aug. 24, 2015, but also puts it in danger of its lowest close since April 25, 2013. If there’s a silver lining for investors, GE’s low price means the big selloff is having a minimal effect on the Dow Jones Industrial Average . The stock’s price decline of $1.41 was only shaving about 10 points off the Dow’s price, while Dow futures were up 87 points.
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