General Electric Co. stock outperforms market on strong trading day

General Electric Co. stock outperforms market on strong trading day

Shares of General Electric Co. GE, +0.99% inched 0.99% higher to $105.05 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, -0.52% falling 0.52% to 4,365.69 and Dow Jones Industrial Average DJIA, -0.30% falling 0.30% to 33,951.52.

General Electric Co. closed $3.85 short of its 52-week high ($108.90), which the company reached on June 16th.

The stock outperformed some of its competitors Wednesday, as Honeywell International Inc. HON, +0.70% rose 0.70% to $201.80.

Trading volume (4.6 M) remained 1.1 million below its 50-day average volume of 5.8 M.

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