Abnormal movement of US stocks | General Motors (GM.US) rises more than 4% Q2 performance exceeds expectations again raised full-year profit guidance
According to the Wise Finance APP, on Tuesday, General Motors (GM.US) rose more than 4%, reaching $79.30. In terms of news, on July 21st, General Motors released its second quarter financial report: Adjusted Earnings Before Interest and Taxes (EBIT) reached $3.9 billion, a year-on-year increase of 29.8%. Adjusted earnings per share were $3.57, far exceeding the expected $3.19; profit margin jumped from 6.4% to 8.2%. Revenue was $48.03 billion, a year-on-year increase of 1.9%, also surpassing expectations.
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