General Electric Co. Stock Outperforms Competitors Despite Losses On The Day
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Shares of General Electric Co. (GE) slipped 1.52% to $79.27 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.56% to 3,928.86 and Dow Jones Industrial Average falling 1.81% to 33,296.96. The stock's fall snapped a 12-day winning streak. General Electric Co. closed $1.39 short of its 52-week high ($80.66), which the company achieved on January 17th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as Honeywell International Inc. (HON) fell 3.77% to $204.24. Trading volume (7.8 M) eclipsed its 50-day average volume of 6.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 18, 2023.
(END) Dow Jones Newswires
January 18, 2023 16:57 ET (21:57 GMT)
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