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DJ General Electric Co. Stock Falls Friday, Underperforms Market

Dow Jones2022-01-22

DJ General Electric Co. Stock Falls Friday, Underperforms Market

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

Shares of General Electric Co. $(GE)$ slid 1.98% to $96.30 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.89% to 4,397.94 and Dow Jones Industrial Average falling 1.30% to 34,265.37. This was the stock's fourth consecutive day of losses. General Electric Co. closed $19.87 short of its 52-week high ($116.17), which the company achieved on November 9th.

The stock underperformed when compared to some of its competitors Friday, as Thermo Fisher Scientific Inc. $(TMO)$ fell 1.33% to $580.33, Medtronic PLC $(MDT)$ fell 0.48% to $105.60, and Danaher Corp. $(DHR)$ fell 0.89% to $280.45. Trading volume (8.0 M) eclipsed its 50-day average volume of 6.2 M.

Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 21, 2022.

-MarketWatch Automation

$(END)$ Dow Jones Newswires

January 21, 2022 16:56 ET (21:56 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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KeenLee
·2022-01-23
GE forget
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