General Motors Dropped $43 to $33 In Just Two Months

The American automaker is losing value fast as the shares dropped from $43 to $33 in just two months. General Motors will publish Q1 earnings today, and the market is reacting nervously. Time to buy or sell GM stocks?

General Motors shares lost as much as 23% of their value in just 2 months.

Compared to the Zacks Consensus Estimate of $1.68 per share for the most recent reported quarter, General Motors Company’s earnings of $2.12 per share were a surprise of 26.19%. The firm surprised analysts by 19.05% in the preceding quarter, posting earnings of $2.25 per share as opposed to the $1.89 per share that had been projected.

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