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GM stock hit a 52-week high of $61.24 in December and is up 47% year to date — far ahead of its Big Three peers. Ford's stock is down 15% in 2024, while Stellantis shares have dropped nearly 40%.
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.
U.S. stock markets saw minimal changes on Tuesday as General Motors surged 10.4% on strong earnings offset a steep drop in GE Aerospace shares.. S&P 500: 5,851.20 ⬇️ down 0.0047%. Nasdaq ...
Despite the year of big-time cost-cutting, stock buybacks, and upside earnings surprises, GM's stock only trades on a 4.9 times forward price-to-earnings multiple, according to Yahoo Finance data ...
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.
The bear phase in shares of General Motors Company (NYSE:GM) may finally be over. After the stock closed at 52-week lows at the end of October, a strong quarterly earnings report and a ...
General Motors (NYSE: GM) recently announced it is ending its Cruise robotaxi business in order to focus on autonomous driving for personal vehicles. That changes the stock's investment thesis, as ...
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