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Scratching at the surface of the question won't give you any answers. For instance, Ford's total U.S. sales increased 4% during 2024, compared to the prior year, to nearly 2.1 million vehicles ...
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 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%.
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.
At the time, GM's inventory levels were generally higher than that of their competitors, a point that many linked to the company's poor sales in recent months leading up to the strike. [7] On the first day of the strike, GM's stock closed 20 cents lower in the trading session, wiping out what was originally a gain of 2.6% earlier on in the day.
Prior to today's announcement, GM shares had been down about 20% in the past year, compared to a 15% gain for the S&P 500 . Investors have fretted on several aspects of the GM investment thesis ...
Ford and General Motors are two seemingly similar companies -- both storied and part of the American fabric. They are also similar in size, with market caps around $50 billion. However, when it ...
Macy's (NYSE:M) is not just another fixture of the American mall; it's been around for over 160 years and has amassed 680 stores for its brand of affordable quality fashion. It was such a popular ...