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Shares of General Electric Co. (GE) inched 0.65% higher to $87.87 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.59% to 4,027.26 and the Dow Jones Industrial Average rising 0.28% to 34,194.06. This was the stock's fifth consecutive day of gains. General Electric Co. closed $15.86 short of its 52-week high ($103.73), which the company reached on January 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Thermo Fisher Scientific Inc. (TMO) rose 0.47% to $547.29, Medtronic PLC (MDT) rose 1.40% to $79.02, and Danaher Corp. (DHR) rose 0.50% to $263.35. Trading volume (3.7 M) remained 2.8 million below its 50-day average volume of 6.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 23, 2022.
(END) Dow Jones Newswires
November 23, 2022 16:56 ET (21:56 GMT)
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