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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%.
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 ...
General Motors also posted a 4% sales gain in the U.S. for 2.7 million vehicles -- both posting their highest total since 2019. ... you can see that as abruptly as GM began repurchasing shares ...
DETROIT (Reuters) -General Motors surpassed Wall Street's expectations in the third quarter, sending its shares up 8% on Tuesday thanks to a resilient consumer demand for its trucks and SUVs. "The ...
After a steep run-up in GM stock (), Bernstein analysts are warning investors to proceed with caution.Lead autos analyst Daniel Roeska wrote in a note Monday morning that while GM shares have ...
Shares of General Motors surged almost 10% Tuesday after the automaker posted a $3 billion third-quarter profit, slightly less the same period a year ago. GM's stock closed up 9.8% at $53.73, the ...
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 ...
That's helped drive GM shares higher by more than 50% this year. That includes today's move, which saw the stock jump by 10.4% as of 3:10 p.m. ET. Investors focus on profits