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GM Leads S&P 500 Decliners as Tariff Worries Outweigh Estimate-Topping Results
GMGM(GM) Investopedia·2025-01-28 18:51

Key TakeawaysGeneral Motors stock was the biggest decliner in the S&P 500 on Tuesday, falling nearly 9% as concerns about the potential impact of tariffs outweighed fourth-quarter revenue and adjusted profit that topped estimates.The automaker posted billions in one-time charges for recent moves like restructuring its China business and halting development of its Cruise robotaxis.GM predicts rising profit in 2025, assuming a "stable policy environment" in North America. General Motors (GM) stock was the big ...