GE's shares fall as supply-chain woes hit Q4 revenue

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GE's shares fall as supply-chain woes hit Q4 revenue
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General Electric Co on Tuesday reported a decline in quarterly revenue amid persistent global supply chain disruptions, sending its shares lower.

The Boston-based industrial conglomerate's shares also suffered because of a confusion caused by its new reporting format, which the company moved to after selling its jet-leasing business and folding its capital business into its corporate operations.

GE said it was grappling with supply-chain issues across all of its businesses, but the problem remained most acute at its healthcare unit.

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