Why General Motors' Shares Jumped on Monday
Shares of General Motors (NYSE: GM) jumped on Monday, after the Detroit auto giant announced that it had an expanded electric-vehicle development program well underway. GM said that it will launch at least 20 all-electric vehicles by 2023, with the first two coming soon.
As of 3 pm EDT, GM's shares were trading at $42.19, up about 4.5% from Friday's close.
Recent announcements of major electric-vehicle programs at several of GM's big global rivals, most notably Volkswagen AG, had left investors wondering: How and when would GM follow up its well-regarded Chevrolet Bolt EV?
Source: Fool.com
General Motors Corp Aktie
76,18 €
-0,10 %
Leichtes Buy-Interesse bei General Motors Corp, mit mehr Buy- als Sell-Einschätzungen.
Das Community-Kursziel von 82 € für General Motors Corp deutet auf ein leicht positives Wachstumspotenzial gegenüber 76.18 € hin.
