Shares of General Electric Co.
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
rising 1.71% to 4,438.26 and the Dow Jones Industrial Average
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.
rose 0.66% to $577.35, Medtronic PLC
rose 1.82% to $124.80, and Danaher Corp.
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.