General Electric Co. Stock Outperforms Competitors On Strong Trading Day
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Shares of General Electric Co. (GE) inched 0.48% higher to $85.89 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.39% to 3,949.94 and Dow Jones Industrial Average falling 0.13% to 33,700.28. This was the stock's third consecutive day of gains. General Electric Co. closed $17.84 below its 52-week high ($103.73), which the company achieved on January 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Thermo Fisher Scientific Inc. (TMO) rose 0.19% to $536.28, Medtronic PLC (MDT) rose 1.22% to $82.29, and Danaher Corp. (DHR) fell 0.23% to $260.06. Trading volume (3.3 M) remained 3.3 million below its 50-day average volume of 6.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 21, 2022.
(END) Dow Jones Newswires
November 21, 2022 16:56 ET (21:56 GMT)
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