General Electric Co. Stock Rises Monday, Outperforms Market
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Shares of General Electric Co. (GE) rallied 2.69% to $79.77 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.19% to 4,019.81 and the Dow Jones Industrial Average rising 0.76% to 33,629.56. This was the stock's second consecutive day of gains. General Electric Co. closed $1.41 short of its 52-week high ($81.18), which the company achieved on January 18th.
The stock outperformed some of its competitors Monday, as Honeywell International Inc. (HON) rose 1.20% to $204.46. Trading volume (10.9 M) eclipsed its 50-day average volume of 6.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 23, 2023.
(END) Dow Jones Newswires
January 23, 2023 16:57 ET (21:57 GMT)
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