GE's stock surges toward 13-month high, to pace gains of its industrial peers over the past 3 months

Shares of General Electric Co. rallied 1.7% in afternoon trading, putting them on track for the highest close since Oct. 24, 2018. The industrial conglomerate's stock has now run up 27.8% since it reported better-than-expected third-quarter earnings before the Oct. 30 open. The stock is now the best performer of the 69 equity components of the SPDR Industrial Select Sector ETF over the past month, with a 31.6% gain, and over the past three months, with a 41.9% rise. The ETF has gained 8.6% the past three months, while the Dow Jones Industrial Average has advanced 6.1%.

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