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Shares of General Motors Co. (GM) slid 2.43% to $31.69 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.72% to 4,061.22 and Dow Jones Industrial Average falling 0.86% to 33,127.74.
This was the stock's third consecutive day of losses.
General Motors Co. closed $11.94 short of its 52-week high ($43.63), which the company achieved on February 16th.
The stock underperformed when compared to some of its competitors Thursday, as Tesla Inc. (TSLA) rose 0.37% to $161.20.
Trading volume (14.8 M) eclipsed its 50-day average volume of 14.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 4, 2023.
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May 04, 2023 16:57 ET (20:57 GMT)
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