GE GE Aerospace

General Electric Co. (GE) is currently at $10.48, up $1.38 or 15.19%

-- Would be highest close since Oct. 29, 2018, when it closed at $11.16

-- On pace for largest percent increase since March 10, 2009, when it rose 19.7%

-- Earlier Thursday, GE reported better-than-expected revenue for the fourth quarter. Revenue rose 5% to $33.28 billion, including a 25% decline in power business, which makes turbines for power plants, and a 21% jump in its aviation business, which manufactures jet engines. Those are the two biggest units that will be the core of the company after it moves ahead with plans to break itself apart following a difficult two years

-- Adjusted earnings per share were 17 cents, missing an analyst projection of 22 cents a share, according to Refinitiv, while revenue exceeded a consensus view of $32.6 billion

-- Currently up two consecutive days; up 17.77% over this period

-- Best two day stretch since the two days ending March 10, 2009, when it rose 25.64%

-- Up 38.47% month-to-date; on pace for best month on record (Based on available data back to Jan. 21, 1972)

-- Down 82.53% from its all-time closing high of $60.00 on Aug. 28, 2000

-- Down 34.57% from 52 weeks ago (Feb. 1, 2018), when it closed at $16.02

-- Down 34.57% from its 52 week closing high of $16.02 on Feb. 1, 2018

-- Up 56.21% from its 52 week closing low of $6.71 on Dec. 12, 2018

-- Traded as high as $10.77; highest intraday level since Oct. 30, 2018, when it hit $11.40

-- Up 18.35% at today's intraday high; largest intraday percent increase since March 10, 2009, when it rose as much as 21.32%

-- Best performer in the S&P 500 today

-- Most active stock in the S&P 500 today

All data as of 10:45:58 AM

Source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

January 31, 2019 11:12 ET (16:12 GMT)

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