General Electric Co. Stock Rises Thursday, Still Underperforms Market
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Shares of General Electric Co. (GE) inched 0.43% higher to $81.14 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.10% to 4,060.43 and the Dow Jones Industrial Average rising 0.61% to 33,949.41. This was the stock's fifth consecutive day of gains. General Electric Co. closed $0.21 below its 52-week high ($81.35), which the company reached on January 25th.
The stock underperformed when compared to some of its competitors Thursday, as Honeywell International Inc. (HON) rose 1.30% to $209.35. Trading volume (6.0 M) remained 904,370 below its 50-day average volume of 6.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 26, 2023.
(END) Dow Jones Newswires
January 26, 2023 16:57 ET (21:57 GMT)
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