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Shares of General Motors Co. (GM) slid 1.81% to $32.48 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.70% to 4,090.75 and Dow Jones Industrial Average falling 0.80% to 33,414.24.
This was the stock's second consecutive day of losses.
General Motors Co. closed $11.15 below its 52-week high ($43.63), which the company reached on February 16th.
The stock underperformed when compared to some of its competitors Wednesday, as Tesla Inc. (TSLA) rose 0.19% to $160.61.
Trading volume (13.4 M) remained 1.1 million below its 50-day average volume of 14.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 3, 2023.
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May 03, 2023 16:58 ET (20:58 GMT)
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