July 21, 2021

General Electric Co. stock outperforms competitors on strong trading day

General Electric Co. stock outperforms competitors on strong trading day


Shares of General Electric Co.
GE,
+2.99%

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
SPX,
+0.82%

rising 0.82% to 4,358.69 and the Dow Jones Industrial Average
DJIA,
+0.83%

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.
TMO,
-1.59%

fell 1.59% to $514.26, Medtronic PLC
MDT,
+1.23%

rose 1.23% to $127.05, and Danaher Corp.
DHR,
-1.34%

fell 1.34% to $279.80. Trading volume (67.3 M) eclipsed its 50-day average volume of 56.8 M.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.



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