General Electric Co. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of General Electric Co. (GE) inched 0.48% higher to $82.35 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.61% to 4,111.08 and Dow Jones Industrial Average falling 0.10% to 33,891.02. General Electric Co. closed $1.68 short of its 52-week high ($84.03), which the company achieved on February 2nd.
The stock underperformed when compared to some of its competitors Monday, as Honeywell International Inc. (HON) rose 0.67% to $204.04. Trading volume (4.3 M) remained 2.8 million below its 50-day average volume of 7.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 6, 2023.
(END) Dow Jones Newswires
February 06, 2023 16:57 ET (21:57 GMT)
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