General Motors Co. Stock Rises Thursday, Outperforms Market
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Shares of General Motors Co. (GM) inched 0.12% higher to $33.12 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.17% to 4,130.62 and Dow Jones Industrial Average falling 0.66% to 33,309.51.
The stock's rise snapped a two-day losing streak.
General Motors Co. closed $10.51 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 2.10% to $172.08.
Trading volume (12.3 M) remained 2.2 million below its 50-day average volume of 14.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 11, 2023.
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May 11, 2023 16:58 ET (20:58 GMT)
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