Huge News for GM Stock Investors

By Parkev Tatevosian, CFA – Jul 10, 2023 at 7:15PM

NYSE: GM

General Motors

Market Cap

$52B

Today's Change

(0.37%) $0.17

Current Price

$46.01

Price as of April 29, 2024, 2:58 p.m. ET

General Motors reported quarterly sales and production figures that impressed stock market investors.

Fool.com contributor Parkev Tatevosian evaluates General Motors' (GM 0.37%) latest update and answers what it could mean for GM stock investors.

*Stock prices used were the afternoon prices of July 8, 2023. The video was published on July 10, 2023.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends General Motors and recommends the following options: long January 2025 $25 calls on General Motors. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.