GE Up Over 9% After Analyst Upgrade -- Data Talk
December 13 2018 - 10:53AM
Dow Jones News
General Electric Co. (GE) is currently at $7.35, up $0.64 or
9.54%
-- On pace for largest percent increase since April 10, 2015,
when it rose 10.8%
-- Earlier Thursday, JPMorgan Chase & Co. analyst Stephen
Tusa upgraded GE shares to neutral from underweight, after years of
leaving a sell rating on the company
-- GE said it reached a deal to sell off part of its GE Digital
business and set aside the rest in a separate company as it narrows
its focus and scales back its software ambitions
-- Snaps a four-day losing streak
-- Down 2% month-to-date
-- Down 57.88% year-to-date; on pace for worst year on record
(Based on available data back to Jan. 21, 1972)
-- Traded as high as $7.50; highest intraday level since Dec. 4,
2018, when it hit $7.81
-- Up 11.77% at today's intraday high; largest intraday percent
increase since Nov. 13, 2018, when it rose as much as 13.27%
-- Best performer in the S&P 500 today
-- Most active stock in the S&P 500 today
All data as of 10:12:24 AM
Source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
December 13, 2018 10:38 ET (15:38 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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