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
71,81 €
7,48 %
General Motors Corp sticht etwas positiv hervor mit 42 Buy- und 9 Sell-Einschätzungen.
Ein unerwartetes negatives Potenzial von -6.7% für General Motors Corp, trotz eines niedrigeren Kursziels von 67 € als der aktuelle Kurs von 71.81 €.
