Why Did GM Stock Suddenly Jump 20% Higher?
Over the past eight trading days, the share price of General Motors (NYSE: GM) has popped. The stock closed at $58 a share on Oct. 20, and by Oct. 29 it was just below $70. That's a gain of more than 20% in little more than a week.
So, what's going on with the typically staid and boring automaker?
Solid third-quarter results, which the company posted on Oct. 21, had a lot to do with it.
Source Fool.com
General Motors Corp Aktie
65,00 €
-0,23 %
Leichte Kaufstimmung für General Motors Corp: Mehr Buy- als Sell-Einschätzungen.
Das Kursziel von 74 € für General Motors Corp weist auf eine leichte Verbesserung gegenüber dem aktuellen Kurs von 65.0 € hin.
