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Shares of General Electric Co. (GE) shed 1.61% to $83.63 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.75% to 3,963.51 and the Dow Jones Industrial Average rising 0.55% to 33,781.48. This was the stock's second consecutive day of losses. General Electric Co. closed $20.10 short of its 52-week high ($103.73), which the company reached on January 18th.
The stock underperformed when compared to some of its competitors Thursday, as Honeywell International Inc. (HON) fell 0.05% to $213.35. Trading volume (6.4 M) eclipsed its 50-day average volume of 5.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 8, 2022.
(END) Dow Jones Newswires
December 08, 2022 17:03 ET (22:03 GMT)
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