GM (GM) Surges as Treasury Plans to Exit Entire Stake
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Price: $85.01 -0.72%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.9%
Revenue Growth %: +0.2%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.9%
Revenue Growth %: +0.2%
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General Motors (NYSE: GM) is immediately jumping 6.7 percent early Wednesday after announcing a 200 million share buyback of the the Treasury stake with plans by the Treasury to exit the entire position in 12-15 months.
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