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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%.
In late November, GM reinstated its full-year outlook, expecting adjusted EBIT of $11.7 billion to $12.7 billion, compared with its previous outlook of $12 billion to $14 billion.
Despite the year of big-time cost-cutting, stock buybacks, and upside earnings surprises, GM's stock only trades on a 4.9 times forward price-to-earnings multiple, according to Yahoo Finance data ...
That includes today's move, which saw the stock jump by 10.4% as of 3:10 p.m. ET. ... With a price-to-earnings ratio in the single digits ... Before you buy stock in General Motors, consider this: ...
In the latest trading session, General Motors Company (GM) closed at $32.09, marking a -0.62% move from the previous day.
In the latest trading session, General Motors Company (GM) closed at $58.49, marking a -1.96% move from the previous day.
General Motors shares jumped after the automaker reported profit jumped in the fourth quarter, driven again by record revenue and strong demand. GM stock pops after fourth quarter sales, profits ...
U.S. stock markets saw minimal changes on Tuesday as General Motors surged 10.4% on strong earnings offset a steep drop in GE Aerospace shares.. S&P 500: 5,851.20 ⬇️ down 0.0047%. Nasdaq ...