Shares of General Electric Co.
rallied 2.99% to $13.08 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
rising 0.82% to 4,358.69 and the Dow Jones Industrial Average
rising 0.83% to 34,798.00. This was the stock’s second consecutive day of gains. General Electric Co. closed $1.34 below its 52-week high ($14.42), which the company reached on March 9th.
The stock outperformed some of its competitors Wednesday, as Thermo Fisher Scientific Inc.
fell 1.59% to $514.26, Medtronic PLC
rose 1.23% to $127.05, and Danaher Corp.
fell 1.34% to $279.80. Trading volume (67.3 M) eclipsed its 50-day average volume of 56.8 M.