Shares of General Electric Co. GE, -1.10% slid 1.10% to $13.44 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX, +0.33% rising 0.33% to 4,141.59 and the Dow Jones Industrial Average DJIA, -0.20% falling 0.20% to 33,677.27. This was the stock’s second consecutive day of losses. General Electric Co. closed $0.98 short of its 52-week high ($14.42), which the company reached on March 9th.
The stock underperformed when compared to some of its competitors Tuesday, as Thermo Fisher Scientific Inc. TMO, +1.86% rose 1.86% to $484.85, Medtronic PLC MDT, +1.51% rose 1.51% to $123.63, and Danaher Corp. DHR, +3.41% rose 3.41% to $242.84. Trading volume (51.1 M) remained 27.8 million below its 50-day average volume of 78.8 M.