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Why General Motors Stock Was Up 22% Last Month

TheMotleyFool

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Why General Motors Stock Was Up 22% Last Month

Shares of General Motors (NYSE: GM) were moving higher last month after the legacy automaker took a number of steps toward embracing a fully electric future, earning some of the attention that investors have showered on EV stocks over the past year.

The stock finished January up 21%, according to data from S&P Global Market Intelligence. As you can see from the chart below, the gains covered most of the month before pulling back toward the end of January.