The General Electric Co. stock underperformed competitors on Friday despite daily gains

Shares in General Electric Co.
GE,
+ 2.36%

stood at 2.36% to $ 11.73 on Friday on what turned out to be an all-around positive trading session for the stock market with the S&P 500 index
SPX,
+ 0.47%

rising 0.47% to 3,934.83 and the Dow Jones Industrial Average
DJIA,
+ 0.09%

increasing 0.09% to 31,458.40. This was the share’s second consecutive gain day. General Electric Co. closed $ 1.33 below its 52-week high ($ 13.06) that the company achieved on February 14th.

The stock showed a mixed performance compared to some of its competitors on Friday when Thermo Fisher Scientific Inc.
TMO,
+ 2.79%

rose 2.79% to $ 507.83, Medtronic PLC
MDT,
+ 0.86%

rose 0.86% to $ 119.74, and Danaher Corp.
DHR,
+ 2.18%

rose 2.18% to $ 245.90. Trading volume (58.2 million) remained 21.2 million below the average 50-day volume of 79.4 million.

Editor’s Note: This story was automatically generated by Automated insight using data from Dow Jones and FactSet. See our Terms of Use for market data.

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