Brooke Sutherland from Bloomberg is reporting the same sentiments. Smart money is dumping out of $GE:
"... Part of Monday's decline may be a realization that the spike of more than 6 percent over two days last week on an entirely unsubstantiated rumor that Warren Buffett might take a stake in the company was unfounded. ..."
"... $GE is a conglomerate that shouldn't exist but might need to exist for the time being. ..."