Famed short-seller Jim Chanos revealed his short position on General Electric Company (NYSE: GE) shares, saying that the company’s fair value was “way below” its current stock price, according to a Reuters report that cited a CNBC interview.
GE reported fourth-quarter earnings in late January, with revenue jumping 7% to $21 billion and missing a market estimate. Quarterly adjusted earnings came in at $1.24 per share, which beat an average estimate of $1.13 per share.
Also Read: How To Buy General Electric (GE) Stock
In its guidance, GE said it anticipated continuing earnings per share between $1.60 and $2.00 in 2023 versus …
