General Motors Shares Close Down 6.84% After Third-Quarter Results
Photo: TokenPost
General Motors (GM) shares closed at $77.09 on Oct. 20, down 6.84% after its third-quarter results, extending a two-day decline despite higher revenue and adjusted earnings. The stock finished the 4 p.m. ET (20:00 UTC) session below its Oct. 19 close of $82.75, which was down 1.44% that day. Shares had fallen more than 6% in premarket trading after GM released its results. Monday’s close was above GM’s 20-session exponential moving average of $82.64 and below its 50-session exponential moving average of $83.09. The daily technical reading was neutral at that point.
Source: TokenPost
