The Traderszone Network

Published in TZ Latest News 9 October, 2017 by The TZ Newswire Staff

Here’s Why the Stock of Baker Hughes, a GE Company, Rallied in September

Shares of Baker Hughes (NYSE: BHGE) rose sharply in September, ending the month up 6.5%. That’s after the recently minted subsidiary of General Electric (NYSE: GE) benefited from rising oil prices, which implies that better days lie ahead for the oil-field service company. That renewed optimism helped offset a lukewarm reception from the analyst community.

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