DJ GE Aerospace Stock Outperforms Competitors On Strong Trading Day
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Shares of GE Aerospace $(GE)$ rose 1.84% to $162.64 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.91% to 5,064.20 and the Dow Jones Industrial Average rising 0.85% to 38,225.66.
The stock's rise snapped a two-day losing streak.
GE Aerospace closed $3.62 short of its 52-week high ($166.26), which the company reached on April 30th.
The stock outperformed some of its competitors Thursday, as Honeywell International Inc. $(HON)$ fell 0.85% to $193.64.
Trading volume (4.9 M) remained 3.1 million below its 50-day average volume of 8.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 2, 2024.
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(END) Dow Jones Newswires
May 02, 2024 16:39 ET (20:39 GMT)
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