For the first time since late 2004, shares of GM (GM) broke above $40 rising as much as 5% in early trading. The wrapping up of the UAW contract probably gave the stock a final push.
But, there is something more that the market likes. For the first time in years, GM has held up its sales numbers for two months in a row. Unit volume increased in August and September. At the same time, sales for Toyota (TM) have faltered a bit and Ford (F) sales have cratered.
Perhaps the General is back
Douglas A. McIntyre
ALERT: Take This Retirement Quiz Now (Sponsored)
Take the quiz below to get matched with a financial advisor today.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Take the retirement quiz right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
