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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 repurchased more than $7 billion in stock in 2024 and more than $11 billion in 2023. Repurchases have played a key role in boosting GM's profits by reducing shares outstanding and, by extension ...
The U.S.-based automaker also predicts another good year in 2025 with even better bottom-line results. GM shares remained down by 10.4% as of 11:44 a.m. ET. ... One reason for the stock's sharp ...
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.
Of all the great rivalries throughout time, whether it be sports or business, or something else, you'd be hard pressed to find as great a rivalry as Ford Motor Company (NYSE: F) and General Motors ...
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 ...
Morningstar Autos Analyst David Whiston said GM is restructuring its business model in a sense, but that's good, noting that "the word (restructuring) tends to be associated with companies in ...
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 ...