Why General Motors Stock Skyrocketed Today
General Motors (NYSE: GM) stock roared higher in Tuesday's trading. The auto giant's share price gained 14.9% thanks to strong quarterly results.
Before the market opened this morning, GM published its third-quarter results -- and performance for the period came in better than anticipated. In addition to sales and earnings beats, the company issued encouraging forward guidance.
Image source: Getty Images.
Source Fool.com
General Motors Corp Stock
€69.89
0.240%
Our community is currently high on General Motors Corp with 42 Buy predictions and 9 Sell predictions.
However, we have a potential of -7.0% for General Motors Corp as the target price of 65 € is below the current price of 69.89 €.
