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Shares of General Electric Co. (GE) rose 1.64% to $87.30 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.36% to 4,003.58 and the Dow Jones Industrial Average rising 1.18% to 34,098.10. This was the stock's fourth consecutive day of gains. General Electric Co. closed $16.43 below its 52-week high ($103.73), which the company reached on January 18th.
The stock outperformed some of its competitors Tuesday, as Thermo Fisher Scientific Inc. (TMO) rose 1.58% to $544.75, Medtronic PLC (MDT) fell 5.30% to $77.93, and Danaher Corp. (DHR) rose 0.76% to $262.04. Trading volume (4.2 M) remained 2.3 million below its 50-day average volume of 6.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 22, 2022.
(END) Dow Jones Newswires
November 22, 2022 16:56 ET (21:56 GMT)
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