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Investors are dumping GM's stock in the wake of earnings. Here's one likely reason why.
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 ...
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 ...
Investors are dumping GM's stock in the wake of earnings. Here's one likely reason why.
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.
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.
General Motors Company (GM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
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 ...