General Motors (GM 1.22%) recently hit a 52-week high, and is near its all-time high. Why are shares up 55% in the past year? As Motley Fool analysts John Rosevear and Rex Moore discuss in this edition of Motor Money, it has a lot to do with the U.S. government being close to exiting its position in the venerable automaker.
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Why GM's Stock Is Motoring Higher
By John Rosevear and Rex Moore
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Nov 18, 2013 at 11:00AM
NYSE: GM
General Motors
Market Cap
$52B
Today's Change
(1.22%) $0.55
Current Price
$45.63
Price as of April 25, 2024, 3:48 p.m. ET
General Motors shareholders are enjoying the ride as the U.S. government exits the vehicle.
Fool contributor John Rosevear owns shares of General Motors. Rex Moore has no position in any stocks mentioned. The Motley Fool recommends General Motors. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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