Why General Motors Stock Was Kind of a Wreck This Week
General Motors (NYSE: GM) wasn't a smoothly humming engine of a stock these past few days. The vehicle maker saw its shares decline by over 8% this week following uninspiring U.S. sales figures released last Friday afternoon, plus a few other uninspiring developments.
Those General Motors U.S. sales numbers were more or less in line with analyst expectations, but that doesn't mean they were great. The company's first-quarter tally was 512,846 vehicles, which represented a 20% year-over-year decline.
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Source Fool.com
