General Electric Up Over 12%, On Pace for Largest Percent Increase In Over a Decade -- Data Talk
October 30 2019 - 10:02AM
Dow Jones News
General Electric Company (GE) is currently at $10.18, up $1.11
or 12.22%
-- Would be highest close since July 31, 2019, when it closed at
$10.45
-- On pace for largest percent increase since March 12, 2009,
when it rose 12.72%
-- Earlier Wednesday, General Electric reported a more than $9
billion third-quarter loss, weighed down by accounting charges tied
to the industrial conglomerate's restructuring. Excluding charges,
GE said its adjusted earnings were 15 cents a share, ahead of an
analyst projection of 12 cents a share, according to Refinitiv
-- GE reported adjusted cash flow from industrial operations of
$650 million for the third quarter and predicted it would generate
as much as $2 billion of cash on that basis for the full year
-- Currently up three of the past four days
-- Up 13.85% month-to-date; on pace for best month since Jan.
2019, when it rose 34.21%
-- Up 39.88% year-to-date; on pace for best year since 1999,
when it rose 51.72%
-- Down 82.35% from its all-time closing high of $57.68 on Aug.
28, 2000
-- Up 4.84% from 52 weeks ago (Oct. 31, 2018), when it closed at
$9.71
-- Traded as high as $10.19; highest intraday level since Aug.
1, 2019, when it hit $10.48
-- Up 12.35% at today's intraday high; largest intraday percent
increase since Feb. 25, 2019, when it rose as much as 15.54%
-- Best performer in the S&P 500 today
-- Most active stock in the S&P 500 today
All data as of 10:22:34 AM
Source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
October 30, 2019 10:47 ET (14:47 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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