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The stock currently trades at a price-to-earnings ratio of 5.3. That's not a typo. When the market is hitting all-time highs, it's startling to find a company trading at such a cheap multiple, one ...
GM data by YCharts. While there were plenty more positive aspects of GM's second quarter, investors might be wondering why the stock was trading roughly 6% lower as of 3 p.m. ET Tuesday.
GM's stock has outperformed its rivals and the S&P 500 in 2024. The company's share price has increased 38% this year as of Monday, while cross-town rival Ford Motor has notched an 18% increase ...
Motors Liquidation Company ( MLC ), formerly General Motors Corporation, was the company left to settle past liability claims from Chapter 11 reorganization of American car manufacturer General Motors. It exited bankruptcy on March 31, 2011, only to be carved into four trusts; the first to settle the claims of unsecured creditors, the second to ...
Website. gm.com. General Motors Company ( GM) [ 2 ] is an American multinational automotive manufacturing company headquartered in Detroit, Michigan, United States. [ 3 ] The company is most known for owning and manufacturing four automobile brands: Chevrolet, GMC, Cadillac, and Buick.
GM’s forward price-to-earnings multiple is a mere 4.3 times, a sizable discount to the S&P 500 index's 22 times. Tesla’s ( TSLA ) forward PE ratio stands at a whopping 63 times.
None of the publicly owned stocks or bonds issued by the former General Motors Corporation (now renamed "Motors Liquidation Company"), including its common stock formerly traded on the New York Stock Exchange under the ticker symbol "GM", are or will become securities of General Motors Company (the "new GM"), which is an independent separate ...
Loaded 0%. General Motors ( GM) reported top and bottom line beats for the fourth quarter and issued 2024 full-year profit guidance that matched its initial forecast for 2023 on Tuesday. Shares of ...