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Shares of General Motors Co. (GM) slid 2.56% to $31.54 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.64% to 4,109.90 and Dow Jones Industrial Average falling 1.01% to 33,012.14.
This was the stock's third consecutive day of losses.
General Motors Co. closed $12.09 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 Tuesday, as Tesla Inc. (TSLA) rose 0.10% to $166.52.
Trading volume (11.0 M) remained 3.5 million below its 50-day average volume of 14.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 16, 2023.
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May 16, 2023 16:58 ET (20:58 GMT)
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