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A little less than five years ago, shares of General Motors (NYSE:GM) were trading hands around $37. Ever since, the stock has dropped as low as $27, and rallied as high as $45. Ultimately, though ...
GM told investors on Tuesday it's looking to achieve profit margins of more than 20% on "new businesses" by 2030. That would be above the company's overall 2030 operating margin goal of 12% to 14%.
Shares of the Detroit automaker have risen more than 50% this year, but some of that has been through $12.4 billion in stock buybacks since last November. GM has said it will continue making stock ...
The stock is trying to settle below $53. For premium support please call: 800-290-4726 more ways to reach us
GM data by YCharts. While there were plenty more positive aspects of GM's second quarter, investors might be wondering why the stock was trading roughly 6% lower as of 3 p.m. ET Tuesday.
GM's stock dropped 9% on Nov. 26, the day after Trump posted his tariff threat on social media. Detroit auto executives and analysts told Reuters they don’t yet know how seriously to take Trump ...
Bernstein downgraded GM stock to Market Perform from Outperform and cut its price target slightly to $53 from $54.50. GM shares were down over 2% in early trading on Monday.
Since the January opener, GM stock has given up nearly 7% in the markets. Perhaps the only saving grace for GM stock is that few names in the industry are doing well. 3 Reasons Why General Motors ...