Tiger Brokers

General Motors Co. Stock Slides 4.3%, Underperforms Peers

Dow Jones
1 hour ago

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of General Motors Co. slid 4.3% to $77.00 on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.3% to 7,651.54 and Dow Jones Industrial Average falling 0.9% to 50,906.05.

This was the stock's third consecutive day of losses.

General Motors Co. closed 16.2% below its 52-week high of $91.85, which the company achieved on July 29th.

The stock underperformed when compared to some of its peers, as Tesla Inc. rose 0.6% to $354.81, Ford Motor Co. fell 2.0% to $12.06, and NIO Inc. ADR rose 0.88% to $3.43.

Trading volume totaled 9.8 million, compared to the 50-day average of 6.8 million.

Data source: Dow Jones Market Data, FactSet

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