2 QuestionTuesday – 08/03/2020

Welcome to 2 Question Tuesday. Phil and Mike look into GE’s 8 for 1 reverse split to explain why a company would consider a reverse split. They also discuss last week’s weaker than expected release of 2nd quarter GDP to evaluate where the shortfall came from and if it’s anything to be concerned over. This week’s client submitted questions were:

  1. Why did GE do a reverse stock split?
  2. Last week’s GDP report was weak. What do you make of this?

Submit your questions to jmccarthy@focusedwealthmgmt.com

As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.