General Motors Co. Stock Underperforms Wednesday When Compared To Competitors
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Shares of General Motors Co. (GM) slipped 2.85% to $32.41 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.61% to 4,179.83 and Dow Jones Industrial Average falling 0.41% to 32,908.27.
The stock's fall snapped a three-day winning streak.
General Motors Co. closed $11.22 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 Wednesday, as Tesla Inc. (TSLA) rose 1.38% to $203.93.
Trading volume (17.7 M) eclipsed its 50-day average volume of 13.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 31, 2023.
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May 31, 2023 16:58 ET (20:58 GMT)
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