Following a vicious stock price downturn, GE is making a last-ditch attempt to raise cash. GE Ventures intends to sell its portfolio of investments in more than 100 startups as part of the firm’s “multiyear turnaround.

” GE stock has plunged nearly 30% from its 52-week high at $14. 44. By CCN Markets: Amid a “multiyear turnaround” which has seen GE’s stock drop double digits this year, GE is reportedly looking to offload a large portfolio of startup investments. The Ventures wing of one of America’s oldest companies reportedly owns stakes in more than 100 different companies and is looking for a

The post GE Ignites 100-Startup Fire Sale in Last-Ditch Bid to Save Crumbling Stock appeared first on CCN Markets

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