General Electric Co. Stock Underperforms Monday When Compared To Competitors
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Shares of General Electric Co. (GE) slipped 3.03% to $85.47 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.54% to 3,963.94 and Dow Jones Industrial Average falling 1.45% to 33,849.46. The stock's fall snapped a six-day winning streak. General Electric Co. closed $18.26 short of its 52-week high ($103.73), which the company achieved on January 18th.
The stock underperformed when compared to some of its competitors Monday, as Honeywell International Inc. (HON) fell 1.95% to $215.77. Trading volume (4.3 M) remained 2.0 million below its 50-day average volume of 6.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 28, 2022.
(END) Dow Jones Newswires
November 28, 2022 17:02 ET (22:02 GMT)
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