General Electric Co. Stock Underperforms Friday When Compared To Competitors

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Consumer Discretionary : Internet & Direct Marketing Retail | Small Cap Growth

Company profile

Boxed, Inc. (Boxed) operates an e-commerce grocery platform which sells bulk consumables and licenses its e-commerce software to enterprise retailers. Boxed operates an e-commerce retail service that provides bulk pantry consumables to businesses and household customers, without the requirement of a big-box store membership. Boxed further enables e-commerce through its Software & Services business, which offers customers in need of an enterprise-level e-commerce platform access to its end-to-end technology.

General Electric Co. Stock Underperforms Friday When Compared To Competitors

4:56 pm ET February 3, 2023 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

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)