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Shares of General Electric Co. (GE) slipped 2.56% to $84.66 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.79% to 3,998.84 and Dow Jones Industrial Average falling 1.40% to 33,947.10. General Electric Co. closed $19.07 below its 52-week high ($103.73), which the company reached on January 18th.
The stock underperformed when compared to some of its competitors Monday, as Honeywell International Inc. (HON) fell 1.59% to $215.60. Trading volume (4.5 M) remained 1.5 million below its 50-day average volume of 6.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 5, 2022.
(END) Dow Jones Newswires
December 05, 2022 17:02 ET (22:02 GMT)
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