General Motors Co. Stock Underperforms Friday When Compared To Competitors
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Shares of General Motors Co. (GM) slumped 0.73% to $32.66 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.14% to 4,191.98 and Dow Jones Industrial Average falling 0.33% to 33,426.63.
The stock's fall snapped a two-day winning streak.
General Motors Co. closed $10.97 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 Friday, as Tesla Inc. (TSLA) rose 1.84% to $180.14.
Trading volume (12.5 M) remained 2.1 million below its 50-day average volume of 14.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 19, 2023.
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May 19, 2023 16:57 ET (20:57 GMT)
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