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On June 27, 2025,
(GM) saw a significant drop in trading volume, with a total of 2.99 billion shares traded, marking a 41.06% decrease from the previous day. This placed GM at the 307th position in terms of trading volume for the day. Meanwhile, GM's stock price rose by 1.02%, marking the second consecutive day of gains and a total increase of 3.18% over the past two days.General Motors recently secured a legal victory as a federal appeals court decertified a class action lawsuit. The lawsuit aimed to hold the automaker accountable for allegedly selling vehicles with defective transmissions. This decision is a significant win for GM, as it reduces the potential financial and reputational risks associated with the lawsuit.
In another legal development, the Arkansas Supreme Court rejected GM's arguments in a separate case. The court did not accept GM's claims regarding the knowledge of defects, reliance on misrepresentations, and variations in the defect. This ruling suggests that GM may face ongoing legal challenges related to its products.
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