GM Stock Is Having Its Best Post-Earnings Day. Shares Are Still Too Cheap.
Now it is up to investors to evaluate GM stock’s valuation multiple.GM reported third-quarter earnings per share of $2.96 and ...
General Motors (GM) Stock Trades Up, Here Is Why
Shares of automotive manufacturer General Motors (NYSE:GM) jumped 9.2% in the afternoon session after the company reported ...
GM tops estimates on 'remarkably' resilient consumer, shares surge
General Motors continued to defy Wall Street's expectations this year, posting third-quarter results ahead of analyst ...
Stock market today: Wall Street barely budges as GM’s best day in years offsets GE Aerospace tumble
Keeping indexes in check was GE Aerospace, which tumbled 9% and was the heaviest weight on the S & P 500. The company, which ...
S&P 500 Gains and Losses Today: GM Stock Pops as EVs and SUVs Drive Earnings Beat
The S&P 500 slipped by less than 0.1% on Tuesday, Oct. 22, as the markets digested a mixed bag of corporate earnings reports.
GM Stock Rallies After Earnings Beat Propelled by Gas-Powered Vehicles
General Motors faces softening vehicle prices from the frothy pandemic era, heavy losses on electric cars and the disappearance of profits in China, once the automaker’s largest market. Despite those ...
GM CFO: We are driving toward EV profits
GM CFO Paul Jacobson told Yahoo Finance on Tuesday the company is eyeing $2 billion to $4 billion of additional improvements ...
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Why General Motors Stock Soared Today
That's helped drive GM shares higher by more than 50% this year. That includes today's move, which saw the stock jump by ...
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GM's stock leads the S&P 500 gainers, as it heads toward a multiyear high
The auto maker's stock topped the S&P 500's gainers list, and was headed for the biggest one-day gain since it rallied 7.8% on Jan. 30. It was also on track for the highest close since Feb. 3, 2022.
GM reports a $3 billion quarterly profit despite US sales drop, China losses and its stock surges
U.S. sales are down and a once-profitable joint venture in China is losing money, but General Motors still managed to post $3 ...