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