Why General Motors Stock Crashed Today
General Motors (NYSE: GM) closed out a strong 2024 with fourth-quarter results that beat Wall Street's expectations. GM shares remained down by 10.4% as of 11:44 a.m. ET. One reason for the stock's sharp decline was that GM stock soared nearly 50% in 2024.
Why General Motors Stock Is Sinking After Its Earnings Beat
General Motors stock is moving sharply lower Tuesday even after the automaker reported a fourth-quarter earnings beat. Here's what you need to know.
GM Stock Sinks After Results
Shares in General Motors (GM) tumbled after the car maker reported a $2.9 billion quarterly loss, putting the stock on course for one of its worst days in recent years. The shares recently stood nearly 9% lower.
General Motors: Q4 Earnings Likely To Make The Stock Surge
Financial writer bullish on General Motors' stock, citing strong performance, efficient operations, and potential for future gains.
General Motors: Q4 Earnings Snapshot
The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.85 per share. The an automotive manufacturer posted revenue of $47.7 billion in the period. Its adjusted revenue was $47.
GM Earnings Beat Expectations. Why the Stock Is Getting Crushed.
The company expects earnings per share of about $11.50 in 2025, up from $10.60 in 2024 and better than the $10.80 Wall Street currently projects.
GM stock falls 10% even as company beats analyst expectations on earnings
While investors will be watching GM's quarterly results, they will also be focused on its guidance for 2025 and any changes under the Trump administration.
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