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GE's stock rallies on heavy volume to post best 2-day gain in 2 1/2 years

Shares of General Electric Co. GE, +1.86% rallied 1.6% in lively afternoon business Wednesday, on most sensible of the previous consultation's four.3% surge, to put it heading in the right direction for the biggest two-day acquire in 2 half of years. Volume crowned 125 million shares, enough to make the inventory essentially the most actively traded on major U.S. exchanges, in line with FactSet. Since last Monday at $12.89, the lowest close since July 29, 2009, the inventory has now run up 6.zero%, the best two-day performance since it gained 7.1% in the two periods ending Oct. 6, 2015. The inventory was nonetheless down 21.3% the previous 3 months and 53.9% for the previous 12 months, making it the worst performer among Dow Jones Industrial Average DJIA, +zero.07% elements during those time classes. In comparability, the Dow has lost 3.7% the previous 3 months but gained 15.five% the previous 12 months.