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GE HealthCare Technologies Inc. (GEHC) is a medical-technology company headquartered in Chicago, Illinois, currently valued at a market cap of around $33.8 billion. The company designs, manufactures and markets a wide array of healthcare equipment and digital solutions: its major segments include Imaging, Ultrasound, Patient Care Solutions and Pharmaceutical Diagnostics.
This healthcare company’s shares have underperformed the broader market. GEHC stock has declined 14.5% over the past 52 weeks, while the broader S&P 500 Index ($SPX) has surged 13.4%. Moreover, on a year-to-date (YTD) basis, the stock is down 5.1%, compared to SPX’s 14.3% return.