Why General Motors Stock Is Up Today
Shares of General Motors (NYSE: GM) were rising on Wednesday after U.S. auto sales results for May came in somewhat better than expected.
As of 2:45 p.m. EDT, GM's shares were up about 5.7% from Tuesday's closing price.
May wasn't a good month for new-car sales in the U.S., but it was a lot better than April -- and the pace of sales was better than most analysts had expected.
Source Fool.com
