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
72,53 €
8,50 %
Die Community sieht General Motors Corp leicht positiv: Mehr Buy- als Sell-Einschätzungen.
Trotz eines Kursziels von 65 €, das unter 72.53 € liegt, ergibt sich für General Motors Corp ein negatives Potenzial von -10.38%.
