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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.
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and General Motors wasn’t one of them. The 10 stocks that made the ...
The auto industry has generally not been a lucrative investment opportunity.
Jacobson told Yahoo Finance the company would stay aggressive on buybacks in 2025.. In Q3, GM delivered 659,601 vehicles, down 2% compared with a year ago; however, retail sales were up 3%. GM ...
General Motors overtaking Ford for the second best-selling EV maker in the U.S. market is just the latest sign of the Detroit juggernaut's growing momentum, which can be clearly seen in the stock ...
Overall, GM said sales jumped 14.1% to 2.6 million vehicles for 2023, making it the company's best year since 2019. The automaker also grew its market share by 0.3% to 16.3% overall in the US.
General Motors chair and CEO Mary Barra served up a big message to investors on Wednesday. ... The automaker today uncorked a new $10 billion stock buyback plan, and tacked on a 33% dividend ...
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