General Motors Co. stock extended losses for a second session following a quarterly earnings beat and a guidance raise, and one Wall Street analyst set out to explain why.
That’s... General Motors Co. stock extended losses for a second session following a quarterly earnings beat and a guidance raise, and one Wall Street analyst set out to explain why. That’s from Emmanuel Rosner at Deutsche Bank, who added that the stock declines post-earnings were also “a function of challenging set-up” for the shares, with a “near-consensus expectation for large outperformance” that didn’t come to pass.
That’s when GM expects to have the electric Chevy Equinox, a compact SUV built on its newer Ultium battery and architecture platform, on offer and for around $30,000.
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