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Tag: General Electric

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General Electric (GE) Stock Rallies on GE Healthcare Collaboration with GenesisCare

GE Healthcare multi-year strategic partnership is valued at $130 million which includes clinical education and services, imaging technologies, and digital solutions. The stock market is driving towards bullish momentum after the potential COVID-19 vaccine obtaining 90% of completion in final stage trials. However, General Electric Company (GE) stock is rallying with a major update in-store. Shares of GE stock rallied over 10% in the premarket today partially driven by vaccine news, and also by GE Healthcare partnership with GenesisCare. This multiyear collaboration will be based on improving patient outcomes suffering from heart disease and cancer. GE Stock started the day