This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of General Electric Co. (GE) inched 0.11% higher to $85.48 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.48% to 3,965.34 and the Dow Jones Industrial Average rising 0.59% to 33,745.69. This was the stock's second consecutive day of gains. General Electric Co. closed $18.25 short of its 52-week high ($103.73), which the company reached on January 18th.
The stock underperformed when compared to some of its competitors Friday, as Thermo Fisher Scientific Inc. (TMO) rose 1.01% to $535.24, Medtronic PLC (MDT) rose 1.70% to $81.30, and Danaher Corp. (DHR) rose 0.40% to $260.65. Trading volume (4.1 M) remained 2.6 million below its 50-day average volume of 6.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 18, 2022.
(END) Dow Jones Newswires
November 18, 2022 16:56 ET (21:56 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.