General Electric Co. Stock Rises Tuesday, Outperforms Market
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Shares of General Electric Co. (GE) rallied 1.17% to $80.70 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.31% to 33,733.96 and the S&P 500 Index falling 0.07% to 4,016.95. This was the stock's third consecutive day of gains. General Electric Co. closed $0.48 below its 52-week high ($81.18), which the company achieved on January 18th.
The stock underperformed when compared to some of its competitors Tuesday, as Honeywell International Inc. (HON) rose 1.21% to $206.93. Trading volume (13.3 M) eclipsed its 50-day average volume of 6.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 24, 2023.
(END) Dow Jones Newswires
January 24, 2023 16:57 ET (21:57 GMT)
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