General Electric Up Nearly 12%, on Pace for Largest Percent Increase Since March 2009 -- Data Talk
November 13 2018 - 2:13PM
Dow Jones News
General Electric Co. (GE) is currently at $8.94, up $0.95 or
11.89%
-- On pace for largest percent increase since March 12, 2009,
when it rose 12.72%
-- Snaps a four-day losing streak
-- Earlier Tuesday, General Electric said it plans to sell up to
20% of its majority holding in oil services company Baker Hughes,
providing around $4 billion in cash. GE will sell up to 101 million
shares in a secondary offering to the market and Baker Hughes has
agreed to repurchase about 65 million shares from its controlling
shareholder
-- Down 11.49% month-to-date
-- Down 48.77% year-to-date; on pace for worst year since 2008,
when it fell 56.3%
-- Down 50.06% from 52 weeks ago (Nov. 14, 2017), when it closed
at $17.90
-- Down 53% from its 52-week closing high of $19.02 on Jan. 11,
2018
-- Up 11.89% from its 52-week closing low of $7.99 on Nov. 12,
2018
All data as of 1:32:02 PM
Source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
November 13, 2018 13:58 ET (18:58 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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