GM’s stock pushes to a new record, as carmaker calls for higher profit ahead
GM is adjusting to declining customer interest in electric vehicles as the automaker boosted its dividend and announced a new stock buyback.
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GM is adjusting to declining customer interest in electric vehicles as the automaker boosted its dividend and announced a new stock buyback.
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General Motors shares surged as much as 9% on Tuesday, adding over $7 billion to the company’s market capitalization, after the biggest automaker in Detroit reported earnings. Disclosing a massive $7.6 billion dollar writedown on its electric-vehicle ambitions, the automaker also wowed…
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