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 Stock
€75.54
0.310%
Currently there is a rather positive sentiment for General Motors Corp with 54 Buy predictions and 7 Sell predictions.
With a target price of 81 € there is a slightly positive potential of 7.23% for General Motors Corp compared to the current price of 75.54 €.
