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Shares of General Motors Co. (GM) rallied 2.72% to $33.29 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.30% to 4,205.45 and the Dow Jones Industrial Average rising 1.00% to 33,093.34.
This was the stock's second consecutive day of gains.
General Motors Co. closed $10.34 below its 52-week high ($43.63), which the company reached on February 16th.
The stock underperformed when compared to some of its competitors Friday, as Tesla Inc. (TSLA) rose 4.72% to $193.17.
Trading volume (13.6 M) remained 467,240 below its 50-day average volume of 14.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 26, 2023.
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May 26, 2023 16:57 ET (20:57 GMT)
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