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Why Ally Financial Stock Gained 32.9% in January


Ally Financial (NYSE: ALLY) had an excellent month as its stock price surged 32.9% in January, according to S&P Global Market Intelligence. The stock price is currently up about 43% year to date after a difficult 2022 when it fell almost 47%. 

Ally beat the markets in what was a good month overall, with the S&P 500 up 6.2%, the Dow Jones Industrial Average up 2.8%, and the Nasdaq Composite 10.7% higher in January.

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Source Fool.com

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