From TokenPost · · 40s
General Motors Shares Drop After Q3 Results
General Motors shares fell 6.84% after third-quarter results, extending a two-day decline despite higher revenue.
In brief
General Motors shares fell 6.84% after third-quarter results, extending a two-day decline despite higher revenue. General Motors shares closed down 6.84% on Oct. 20 after third-quarter results, extending a two-day decline. Originally reported by TokenPost.
General Motors Shares Close Down
General Motors shares closed at $77.09 on Oct. 20, down 6.84% after third-quarter results.
Third-Quarter Financial Results
Third-quarter revenue rose 2.9% year over year to $50.015 billion, with adjusted EBIT up 21.6% to $4.106 billion.
GM's 2026 Financial Outlook
GM narrowed its adjusted EBIT forecast to $14.5 billion to $15.5 billion for 2026, lifting free cash flow to $11.5 billion to $12.5 billion.
The main idea
General Motors shares closed down 6.84% on Oct. 20 after third-quarter results, extending a two-day decline.
