GE has had a rough few months.
After being one of the original 12 companies listed on the the newly formed Dow Jones Industrial Average back in 1896, the General Electric Co. (GE) was removed from the Dow on Tuesday, June 19, after more than 100 years. Its exit the exit may be a blessing in disguise, though, since many other companies that have left saw their stock price rise again.
That would help since GE also was recently downgraded by longtime supporter Argus.
While the stock did come close to $60 back in 2000, it's currently trading around $13 and is actually down over 20% year-to-date.
Still, it got us thinking about the company that incorporated back in 1892, after acquiring all the assets of the Edison General Electric Company, which was founded by Thomas Alva Edison, and has created everything from toasters to refrigerators to airplanes.
So watch out video now see just how instrumental this company has been in formulating our everyday lives.
