General Electric Co. stock underperforms Monday when compared to competitors
Shares of General Electric Co.
slid 0.77% to $103.71 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index
falling 0.09% to 4,432.35 and Dow Jones Industrial Average
falling 0.30% to 35,101.85. The stock’s fall snapped a two-day winning streak. General Electric Co. closed $11.61 below its 52-week high ($115.32), which the company achieved on March 9th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Thermo Fisher Scientific Inc.
rose 0.55% to $541.16, Medtronic PLC
fell 1.34% to $126.92, and Danaher Corp.
rose 0.22% to $307.97. Trading volume (7.9 M) eclipsed its 50-day average volume of 7.6 M.