General Motors Co. Stock Underperforms Wednesday When Compared To Competitors
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Shares of General Motors Co. (GM) dropped 0.60% to $33.08 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.45% to 4,137.64 and the Dow Jones Industrial Average falling 0.09% to 33,531.33.
This was the stock's second consecutive day of losses.
General Motors Co. closed $10.55 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) fell 0.36% to $168.54.
Trading volume (15.4 M) eclipsed its 50-day average volume of 14.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 10, 2023.
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May 10, 2023 16:57 ET (20:57 GMT)
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