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General Electric Co. stock rises Thursday, still underperforms market

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Terrence Horan

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Shares of General Electric Co. GE, +1.21% inched 0.37% higher to $102.74 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.37% rising 1.71% to 4,438.26 and the Dow Jones Industrial Average DJIA, +0.43% rising 1.56% to 34,912.56. The stock's rise snapped a four-day losing streak. General Electric Co. closed $12.58 below its 52-week high ($115.32), which the company reached on March 9th.

The stock underperformed when compared to some of its competitors Thursday, as Thermo Fisher Scientific Inc. TMO, +2.28% rose 0.66% to $577.35, Medtronic PLC MDT, -0.34% rose 1.82% to $124.80, and Danaher Corp. DHR, +2.06% rose 1.54% to $300.43. Trading volume (6.1 M) remained 2.3 million below its 50-day average volume of 8.4 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.