GEHC stock finally gets some respect after earnings. Those betting against it got slammed

Shares of GE Healthcare on Tuesday hit their highest levels since July 2023.

UsenB UsenB
Feb 8, 2024 - 21:05
0 62
GEHC stock finally gets some respect after earnings. Those betting against it got slammed

A GE Healthcare Ltd. BioProcess machine stands on display during the International Pharmaceutical Expo (Interphex) in New York.

Bloomberg | Bloomberg | Getty Images

Business at GE Healthcare Technologies capped off 2023 on a strong note despite ongoing concerns about China. That coupled with management's upbeat view of this year propelled shares up more than 13% to over $83 each at session highs. That was their highest level since July 2023. The Club stock closed just under $82.