General Motors Co. Stock Falls Monday, Underperforms Market
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Shares of General Motors Co. (GM) dropped 0.09% to $32.37 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.30% to 4,136.28 and the Dow Jones Industrial Average rising 0.14% to 33,348.60.
This was the stock's second consecutive day of losses.
General Motors Co. closed $11.26 short of its 52-week high ($43.63), which the company reached on February 16th.
Despite its losses, the stock outperformed some of its competitors Monday, as Tesla Inc. (TSLA) fell 0.97% to $166.35.
Trading volume (18.8 M) eclipsed its 50-day average volume of 14.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 15, 2023.
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May 15, 2023 16:58 ET (20:58 GMT)
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