Why Shares of General Motors Are Rising Today
Shares of General Motors (NYSE: GM) were rising on Wednesday, after rival Ford Motor Company (NYSE: F) reported a first-quarter loss and said that its losses in the current quarter could exceed $5 billion.
As of 1 p.m. EDT today, GM's shares were up about 10.3% from Tuesday's closing price.
Why would Ford's earnings report be moving GM's stock? It's about what GM hasn't said.
Source Fool.com
