GE HealthCare Rises 8 Percent in Market Debut, Eyes Small Deals

A completed GE digital anesthesia carestation stands as Vice President Mike Pence (not pictured) visits a GE Healthcare manufacturing facility during the global coronavirus disease (COVID-19) outbreak in Madison, Wis., on April 21, 2020. Daniel Acker/Reuters

GE HealthCare Technologies Inc.’s shares rose as much as 8.4 percent in their Nasdaq debut on Wednesday and its chief executive said the company was looking to do small acquisitions to boost its cardiology and oncology operations in the long term.

The company, which was spun off from conglomerate GE, had opened 3 percent lower in its first day of trading and closed up 8 percent at $60.49.