General Motors Drops 4.8%, Erasing $3.5 Billion in Market Value
As seen on the 24/7 Wall St. homepage on September 18, 2026.
A 4.8% intraday slide to $82.21 knocks roughly $3.5 billion off the automaker's $74.4 billion market value in a single session. Whether the $86.35 open gets reclaimed by the close is the level to keep an eye on.
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General Motors shed roughly $3.5 billion in market value in a single session, with shares sliding from an open of $86.35 to $82.21 during regular trading hours.
Selling pressure set in almost immediately at the open and barely relented through the afternoon, with no meaningful bounce.
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The $86.35 open now stands as the key level to watch, and a close below it leaves the session as a one-way slide with buyers absent.
For investors already holding the stock, the size of the move relative to a single session is what demands attention. A loss of nearly 5% in one day, absent a recovery into the close, shifts the near-term technical picture in a meaningful way.
Sources
Mentioned: GM