General Motors (GM) Sees Upside Move On Bailout Hopes
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Price: $82.63 +2.56%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.9%
EPS Growth %: +30.7%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.9%
EPS Growth %: +30.7%
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General Motors (NYSE: GM) is up 14% this AM, to $3.43, on hopes for a bailout. The stock, which opened-up about 7%, has moved higher throughout the session.
Traders are speculating that the common shares will still have value after the government bailout, which is still in question.
General Motors Corporation and its subsidiaries engage in the development, production, and marketing of cars, trucks, and related parts worldwide.
Traders are speculating that the common shares will still have value after the government bailout, which is still in question.
General Motors Corporation and its subsidiaries engage in the development, production, and marketing of cars, trucks, and related parts worldwide.
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