General Electric Co. Stock Outperforms Market On Strong Trading Day
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Shares of General Electric Co. (GE) inched 0.58% higher to $85.39 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.31% to 3,946.56 and Dow Jones Industrial Average falling 0.02% to 33,546.32. General Electric Co. closed $18.34 short of its 52-week high ($103.73), which the company achieved on January 18th.
The stock outperformed some of its competitors Thursday, as Thermo Fisher Scientific Inc. (TMO) fell 1.14% to $529.89, Medtronic PLC (MDT) fell 2.25% to $79.94, and Danaher Corp. (DHR) fell 2.46% to $259.62. Trading volume (4.7 M) remained 1.9 million below its 50-day average volume of 6.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 17, 2022.
(END) Dow Jones Newswires
November 17, 2022 16:56 ET (21:56 GMT)
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