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General Motors Surges to 189th in Trading Volume with 6.51 Billion Shares Exchanged
Generated by AI AgentAinvest Market Brief
Monday, May 12, 2025 8:01 pm ET1min read
On May 12, 2025,
(GM) saw a significant surge in trading volume, with a total of 6.51 billion shares exchanged, marking a 59.58% increase from the previous day. This substantial trading activity placed at the 189th position in terms of daily trading volume among all stocks. Additionally, GM's stock price rose by 4.44%, extending its winning streak to seven consecutive days, with a cumulative gain of 10.12% over the past week.General Motors has entered into a joint venture with General Electric to secure the supply of rare earth minerals from Australia's Arafura Rare Earths. This strategic move is aimed at ensuring a stable supply of critical materials essential for the production of electric vehicles and other advanced technologies.
General Motors has appointed Cassandra Garber, formerly the sustainability chief at Dell, to the role of Chief Sustainability Officer. Garber is known for her expertise in integrating environmental, social, and governance (ESG) practices into corporate strategies, a move that aligns with GM's commitment to sustainability and responsible business practices.
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