Week 40: GM Stock Continues to Trade Near Its 52-Week Low
Last week, which ended on October 5, General Motors (GM) stock rose 1.3% after losing 4.7% in the previous week. The stock rose 8.4% in the second quarter and then turned negative in the third quarter, falling 14.5%. As of October 8, it was trading with 1.7% month-to-date gains but 16.4% year-to-date losses. Let’s take a look at GM’s key technical levels before we explore its recent fundamentals.