General Electric Co. Stock Underperforms Friday When Compared To Competitors
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Shares of General Electric Co. (GE) slid 2.36% to $81.96 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.04% to 4,136.48 and Dow Jones Industrial Average falling 0.38% to 33,926.01. The stock's fall snapped a two-day winning streak. General Electric Co. closed $2.07 below its 52-week high ($84.03), which the company achieved on February 2nd.
The stock underperformed when compared to some of its competitors Friday, as Honeywell International Inc. (HON) fell 2.26% to $202.69. Trading volume (5.8 M) remained 1.3 million below its 50-day average volume of 7.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 3, 2023.
(END) Dow Jones Newswires
February 03, 2023 16:56 ET (21:56 GMT)
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