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GM’s forward price-to-earnings multiple is a mere 4.3 times, a sizable discount to the S&P 500 index's 22 times. Tesla’s ( TSLA ) forward PE ratio stands at a whopping 63 times.
GM stock rallied after the opening bell by nearly 2% to its highest level in over two years. Part of GM’s capital allocation strategy is determining the investments the company will make, and is ...
Website. gm .com. General Motors ( GM) [2] is an American multinational automotive manufacturing company headquartered in Detroit, Michigan, United States. [3] The company is most known for owning and manufacturing four automobile brands, Chevrolet, GMC, Cadillac and Buick.
None of the publicly owned stocks or bonds issued by the former General Motors Corporation (now renamed "Motors Liquidation Company"), including its common stock formerly traded on the New York Stock Exchange under the ticker symbol "GM", are or will become securities of General Motors Company (the "new GM"), which is an independent separate ...
The stock closed Monday at $47.57, up about 32.4% this year. The announced buyback plans come amid uncertainty surrounding the adoption of all-electric vehicles, which GM has bet heavily on, and ...
GM (GM) reported top and bottom line beats for the fourth quarter, and issued 2024 full-year profit guidance that matched its initial forecast for 2023, as the company looks to shake off the ...
The automaker reported second-quarter net income of $1.69 billion, a 40% reduction from the $2.84 billion it earned in the same year-ago period. GM blamed its weak performance on a drop in North ...
GM researchers are working on technologies like lithium-metal, silicon and solid-state batteries at the R&D center. The aim is to move the best battery technologies, which researchers have proven ...