GE HealthCare Jumps in Trading Debut After Spinoff
- Sharp gain in stock reverses a decline in early moments
- Split is part of GE’s plan to separate into three companies
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General Electric Co.’s former medical-equipment business surged in its trading debut as investors got their first chance to bet on the now-independent company.
Shares of GE HealthCare Technologies Inc. rose 8% to $60.49 Wednesday in New York, their first day of active trading on the Nasdaq. GE gained 5.9%, the most in three months.