Why Are General Electric and Johnson & Johnson Splitting Themselves Up?

Over the past few weeks, both General Electric and Johnson & Johnson have announced that they are breaking up their existing businesses into new companies. Why is this happening now and what does it say about the existence of old-world conglomerates in the modern market?In this episode, we also discuss:Opendoor's earnings and what it said about the future of iBuying.Airbnb's phenomenal quarter.And two companies we're researching at the minute — Sweetgreen and Alarm.com. Get your early Black Friday deals of $30 off a MyWallSt subscription (https://bit.ly/30Ht6NP) or $150 off a Horizon subscription (https://bit.ly/3Dx7SAM) now!MyWallSt operates a full disclosure policy. MyWallSt staff may hold long positions in some of the companies mentioned in this podcast.--- Send in a voice message: https://anchor.fm/stock-club/message Hosted on Acast. See acast.com/privacy for more information.