Why General Motors Stock Is Higher Today
Shares of General Motors (NYSE: GM) were trading higher on Tuesday amid optimism about a COVID-19 vaccine and the improved prospects for electric vehicles after President-elect Joseph R. Biden takes office next year.
As of 11:15 a.m. EST, GM's shares were up about 5.1% from Monday's closing price.
Many U.S. stocks were moving higher on Tuesday as investors rotated out of technology bets and into companies that stand to benefit from an economic recovery.
Source Fool.com
