Connect with us

Business

GM shares close at new year-to-date high following Hummer EV debut – CNBC

GM stock closed at $37.41, up 4.6% – pushing the shares for the year in the black (up 2.2%) for the first time since Jan. 2.

Published

on

post featured image
ADVERTISEMENT

Shares of General Motors closed Thursday at their highest price so far this year following the successful debut Tuesday of the new GMC Hummer EV as well as the automaker’s announcement earlier in the week of more than $2 billion in new U.S. investments to support electric vehicles.
The stock settled at $37.41 a share, rising 4.6% for the day and pushing the price up 2.2% year to date. That was just enough to drive the shares into the black for the first time since Jan. 2. The stock has jumped by…

Click here to view the original article.

Continue Reading
Advertisement

You might also like ...

post featured image
$1,500 stimulus check proposed to get Americans to take the coronavirus vaccine – WTHR
post featured image
UPS Temporarily Stops Picking Up Orders From Six Retailers to Cope With Holiday Surge – Slate
post featured image
Pentagon blacklists China chipmaker SMIC and oil producer CNOOC – CNBC