General Electric Co. Stock Underperforms Tuesday When Compared To Competitors Despite Daily Gains
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Shares of General Electric Co. (GE) inched 0.22% higher to $85.66 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.01% to 33,852.53 and the S&P 500 Index falling 0.16% to 3,957.63. General Electric Co. closed $18.07 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 Tuesday, as Honeywell International Inc. (HON) rose 0.44% to $216.72. Trading volume (4.1 M) remained 2.0 million below its 50-day average volume of 6.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 29, 2022.
(END) Dow Jones Newswires
November 29, 2022 17:03 ET (22:03 GMT)
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