General Electric Co. Stock Outperforms Market On Strong Trading Day
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Shares of General Electric Co. (GE) rallied 1.90% to $86.88 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.10% to 34,429.88 and the S&P 500 Index falling 0.12% to 4,071.70. General Electric Co. closed $16.85 below its 52-week high ($103.73), which the company reached on January 18th.
The stock outperformed some of its competitors Friday, as Honeywell International Inc. (HON) rose 0.78% to $219.08. Trading volume (4.5 M) remained 1.6 million below its 50-day average volume of 6.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 2, 2022.
(END) Dow Jones Newswires
December 02, 2022 17:03 ET (22:03 GMT)
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