SMCI - General Motors Posts Upbeat Earnings Joins Corning HCA Healthcare And Other Big Stocks Moving Higher On Tuesday | Benzinga
U.S. stocks traded slightly lower, with the Dow Jones falling around 20 points on Tuesday.
Shares of General Motors Company (NYSE: GM) rose sharply during Tuesday’s session after the company reported better-than-expected fourth-quarter financial results and issued 2024 adjusted EPS guidance above estimates.
General Motors reported a fourth-quarter FY23 sales decline of (0.3)% year-on-year to $42.98 billion, beating the analyst consensus estimate of $38.97 billion. Adjusted EPS of $1.24 beat the consensus estimate of $1.16.
General Motors shares climbed 7.6% to $38.06 on Tuesday.
Here are some other big stocks recording gains in today’s session.