GE Trading Higher on Earnings
Friday, January 18, 2008 at 04:31AM General Electric (GE) is currently trading higher by 3% in the pre-market. From the Bespoke Interactive Earnings Report Database, we searched all of GE's prior quarterly reports and found that the stock has gapped higher on earnings 15 times since the end of 2001. On these days when the stock gaps up, it has gone higher from the open to the close just 33% of the time, so traders typically fade the gap for GE.
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