![]() Furthermore, GE stock has already rallied 2x over the last one year, in hopes of a strong recovery post the pandemic. While the company posted an upbeat Q2 performance, there are near-term risks, primarily the rising raw-materials costs due to inflationary pressure, which may impact the overall earnings growth. GE stock is down over 4% over the last five trading sessions. The stock price of General Electric (NYSE:GE) reached its 52-week high of $115 in the month of May, before a recent sell-off in the stock led to an 11% fall in GE stock to levels of around $102 currently.
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