Why General Motors Stock Skyrocketed Today
General Motors (NYSE: GM) stock roared higher in Tuesday's trading. The auto giant's share price gained 14.9% thanks to strong quarterly results.
Before the market opened this morning, GM published its third-quarter results -- and performance for the period came in better than anticipated. In addition to sales and earnings beats, the company issued encouraging forward guidance.
Image source: Getty Images.
Source Fool.com
General Motors Corp Stock
€70.30
0.160%
Currently there is a rather positive sentiment for General Motors Corp with 41 Buy predictions and 9 Sell predictions.
On the other hand, the target price of 65 € is below the current price of 70.3 € for General Motors Corp, so the potential is actually -7.54%.
