Shares of GE at $13 for First Time Since January

May 4, 2009 10:21 AM EDT
Shares of General Electric (NYSE: GE) have cracked the $13 level for the first time since late-January. The stock is currently up 2.8% to $13.05.

GE's stock price has skyrocketed nearly 130% since the lows set in early March at $5.73. This sharp move higher has come in just 42 trading days, meaning shares of GE have risen, on average, 3% a day since the 52-week low.

Almost 60 minutes into today's trading session, shares of GE have traded hands nearly 25 million times. The stock is on pace to make slightly heavier-than-normal volume. GE's average daily volume is around 140 million shares.

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