Why GE HealthCare Technologies Stock Just Crashed 14%
On balance, this stock seems no great bargain.GE HealthCare Technologies (GEHC -13.37%), one-third of the industrial behemoth that used to be General Electric, saw its shares crater 13.7% through 1:30 p.m. ET after reporting a narrow earnings miss Tuesday.Heading into earnings, analysts forecast GE HealthCare would earn 4.8 billion in the first quarter of 2024 sales. Instead, the company reported a 4.6 billion. GE HealthC ...