General Electric Co. Stock Falls Thursday, Underperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of General Electric Co. (GE) slid 3.04% to $76.86 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.76% to 3,898.85 and Dow Jones Industrial Average falling 0.76% to 33,044.56. This was the stock's second consecutive day of losses. General Electric Co. closed $4.32 short of its 52-week high ($81.18), which the company reached on January 18th.
The stock underperformed when compared to some of its competitors Thursday, as Honeywell International Inc. (HON) fell 1.75% to $200.66. Trading volume (10.4 M) eclipsed its 50-day average volume of 6.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 19, 2023.
(END) Dow Jones Newswires
January 19, 2023 16:56 ET (21:56 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.