General Motors Co. Stock Outperforms Market On Strong Trading Day
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Shares of General Motors Co. (GM) rallied 1.42% to $32.90 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.94% to 4,198.05 and the Dow Jones Industrial Average rising 0.34% to 33,535.91.
This was the stock's second consecutive day of gains.
General Motors Co. closed $10.73 below its 52-week high ($43.63), which the company reached on February 16th.
The stock underperformed when compared to some of its competitors Thursday, as Tesla Inc. (TSLA) rose 1.74% to $176.89.
Trading volume (14.1 M) remained 399,545 below its 50-day average volume of 14.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 18, 2023.
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May 18, 2023 16:57 ET (20:57 GMT)
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