General Motors Trading Volume Surges 54% to 11.1 Billion Shares Ranked 50th in Daily Trading

Generated by AI AgentAinvest Market Brief
Tuesday, Apr 29, 2025 7:53 pm ET1min read

On April 29, 2025,

(GM) saw a significant surge in trading volume, with a total of 11.10 billion shares exchanged, marking a 54.08% increase from the previous day. This substantial trading activity placed in the 50th position among all stocks traded that day. Meanwhile, the stock price of GM experienced a slight decline of 0.64%.

General Motors reported robust financial performance for the first quarter of 2025, but the company indicated that it would reassess its expectations for the year due to the impact of auto tariffs. The tariffs, which have been a significant concern for the automotive industry, are expected to raise prices, reduce sales, and affect the competitiveness of U.S. production globally. President Donald Trump's recent move to soften some of the tariffs has sparked cautious optimism within the industry, although the 25% tariff on imported cars and a new 25% tariff on auto parts remain in effect.

Analysts had anticipated that General Motors' revenue for the quarter would remain flat year over year at $42.85 billion, a slowdown from the 7.6% increase recorded in the same period last year. Despite the strong Q1 results, the company's stock has faced volatility due to tariff headlines and broader economic uncertainties. Over the past year, GM's stock has gained 2.65%, but it remains down 8% year-to-date, reflecting the challenges posed by the current economic environment.

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