GE Shares Move Higher Thursday With Heavy Volume

Date : 12/12/2019 @ 9:12PM
Source : Dow Jones News
Stock : General Electric Company (GE)
Quote : 11.81  -0.03 (-0.25%) @ 12:59AM
After Hours
Last Trade
Last $ 11.79 ▼ -0.02 (-0.17%)

GE Shares Move Higher Thursday With Heavy Volume

General Electric (NYSE:GE)
Historical Stock Chart

2 Months : From Nov 2019 to Jan 2020

Click Here for more General Electric Charts.
   By Stephen Nakrosis 
 

Shares of General Electric Co. (GE) are among the most active stocks Thursday, after UBS raised its recommendation and price target on the stock.

At 3:37 p.m. EST, shares of GE had risen 4.88% to trade at $11.50. Volume topped 72.1 million shares, above the 65-day average of some 50.6 million. The stock is closing on the 52-week high of $11.84, reached in November.

Before the bell Thursday, UBS upgraded GE to buy from hold, and raised its price target to $14 per share from $11.50, as reported by Barron's. A UBS analysts said 2020 would be an "inflection year" for the company.

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

December 12, 2019 15:57 ET (20:57 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

Latest GE Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....


No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts


Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.


NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.