Shares in GE HealthCare Technologies (NASDAQ: GEHC) were down 9.5% at 1 p.m. today. The decline follows the U.S.'s wide-scale implementation of tariffs. GE HealthCare is a truly global company, and the tariff actions will negatively impact its business.
GE is a Massachusetts-based industrial conglomerate that operates in industries such as aviation, power generation, healthcare, renewable energy, transportation, and finance.