Stock Data
$2.06 (2.30%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
CONSUMER CYCLICAL
Industry
AUTO MANUFACTURERS
General Motors Company, headquartered in Detroit, Michigan since 1908, is a global powerhouse in the automotive industry. It manufactures and sells a wide variety of vehicles including trucks, crossovers, and cars under well-known brand names such as Buick, Cadillac, Chevrolet, and GMC. Beyond vehicle sales, GM offers a comprehensive range of services including maintenance, repairs, and automotive financing. The company also embraces innovation through software-enabled services and subscriptions, catering to a diverse clientele from individual consumers to large fleet customers.
Nine market leaders hit 52-week highs this week, from Snowflake up 6.4% above its prior peak to Cloudflare edging out gains. Breadth across tech, consumer staples, and auto signals conviction above the tape.
GM just hit $87.04, its highest price in a year and a fresh 52-week peak that edges out January's prior record by 1.23%.
General Motors crushed Tesla over three years in the EV race, turning $10,000 into $21,166 while Tesla limped to $11,882. The old guard's 112% gain demolished the disruptor's 19% return.
GM crushed earnings for the fifth straight quarter with $3.57 EPS, and is raising full-year guidance again as North America truck and SUV demand powers a 30% surge in adjusted operating income, even as $2.3 billion in EV restructuring charges weighs on reported profit.
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