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Old 10-23-2024, 09:48 AM   #58
Martinjlm
Retired fr GM + SP Global
 
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Drives: 2017 Camaro Fifty SS Convertible
Join Date: Mar 2017
Location: Detroit
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Why this thread title is just a pipe dream….

General Motors (GM) shares surged 9.8% following the carmaker's third-quarter earnings report. GM exceeded sales and profit estimates, highlighting successful cost discipline and capital efficiency, increased profitability from electric vehicles (EVs) and redesigned sport utility vehicles (SUVs), and strength in China.

As much as this forum despises Mary Barra for decisions made on one product line (maybe two), that’s how much Wall Street investors and stockholders love her. She’s here for the long haul.

A week ago GM was trading at $48.49. After yesterday’s earnings report it closed at $53.61 and opened today at $54.06. Retirees are smiling too.

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