Why Shares of General Motors Are Down Again Today
Shares of General Motors (NYSE: GM) were falling again on Wednesday, as analysts and investors considered the potential impact of a broader outbreak of the novel coronavirus in North America.
As of 11:30 p.m. EDT, GM's shares were down about 4.5% from Tuesday's closing price.
Wall Street analysts are weighing the possibility that a major U.S. outbreak of COVID-19, the illness caused by the novel coronavirus, could force GM and other automakers to reduce production or even close factories for several weeks in the second quarter.
Source Fool.com
