Why GM Stock Is Soaring After Reporting Third-Quarter Earnings Despite EV Woes

Published 3 weeks ago Neutral
Why GM Stock Is Soaring After Reporting Third-Quarter Earnings Despite EV Woes
Auto
General Motors surged before Tuesday's stock market after the auto giant handily topped third-quarter earnings and revenue views, while raising guidance and reducing its expected tariff impact for 2025. GM announced early Tuesday that Q3 EPS fell 5% to $2.80 while revenue declined less than 1% to $48.59 billion.

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