General Electric Co. Stock Outperforms Competitors On Strong Trading Day
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Shares of General Electric Co. (GE) rallied 2.58% to $83.23 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.25% to 4,070.56 and the Dow Jones Industrial Average rising 0.08% to 33,978.08. This was the stock's sixth consecutive day of gains. General Electric Co. hit a new 52-week high, surpassing its previous peak of $81.58, which the company reached on January 26th.
The stock outperformed some of its competitors Friday, as Honeywell International Inc. (HON) fell 0.58% to $208.13. Trading volume (7.7 M) eclipsed its 50-day average volume of 6.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 27, 2023.
(END) Dow Jones Newswires
January 27, 2023 16:57 ET (21:57 GMT)
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