GM(GM)

Search documents
This Dollar General Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Friday
Benzinga· 2024-08-30 12:53
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Considering buying DG stock? Here’s what analysts think: ...
Dollar General's Stock: A Warning Sign for the Average American?
MarketBeat· 2024-08-30 12:01
Dollar General TodayDGDollar General$84.20 -39.64 (-32.01%) 52-Week Range$84.00▼$168.07Dividend Yield2.80%P/E Ratio12.26Price Target$144.10Add to WatchlistDollar General NYSE: DG is a leading discount retailer serving millions of value-conscious shoppers across the United States. Dollar General’s stock price has been struggling with headwinds since the beginning of the second quarter, and the company has seen its stock price plummet by over 35% year-to-date.While this decline might appear to be an issue wit ...
A Little Good News for GM Investors: But Will It Move the Needle?
The Motley Fool· 2024-08-30 10:00
After many headaches, GM finally has some good news for Cruise regarding an NHTSA probe and an intriguing partnership.The automotive industry is arguably poised to evolve more over the next decade or two than it has over the past century. There is a massive opportunity for automakers with the transition to electric vehicles (EVs), the potential for software revenue and subscription-as-a-service, and robotaxis, just to name a few things.For all of the exciting potential upside, all that General Motors' (GM 0 ...
S&P 500 Gains and Losses Today: Dollar General Stock Plummets After Earnings Miss
Investopedia· 2024-08-29 22:11
Key TakeawaysThe S&P 500 was little changed on Thursday, Aug. 29, following an upward revision to second-quarter economic growth figures.Best Buy shares soared as strength in tablets and computers helped the electronics retailer top sales and profit forecasts.Shares of Dollar General plummeted after the discount retailer's sales and profits fell short of estimates. Major U.S. equities indexes were mixed after a report showed that the U.S. gross domestic product (GDP) grew more than previously thought in the ...
Kohl's, Burlington, Five Below and Dollar General Pivot as Consumers Seek Deals
PYMNTS.com· 2024-08-29 21:59
The financial results for four major retailers — Kohl’s, Burlington Stores, Dollar General and Five Below — in the second quarter of 2024 highlighted a range of performances and strategic responses. From growth and resilience to challenges and adjustments, their fiscal performances provide insights into how they are navigating the evolving retail environment. Kohl’s Repositions to Stop Sales DropKohl’s endured a challenging second quarter as its net sales decreased 4.2% and comparable sales sank 5.1%. Tom K ...
Dollar General: Stock Price Falling Back To Reality; Initiate With Buy Rating
Seeking Alpha· 2024-08-29 21:12
jetcityimage Dollar General Corporation (NYSE:DG) is the largest discount retailer in the U.S. with 20,022 stores in total. The company released its weak Q2 result on August 29th, lowering the full year financial guidance. The stock price plummeted by nearly 30%. The weak consumer demand, particularly among low-income households, may continue to pressure Dollar General’s growth. However, after the stock’s sharp decline, I think the stock price has returned to a more realistic level. I am initiating Doll ...
Cheer Holding Announces Results of 2024 Annual General Meeting
GlobeNewswire News Room· 2024-08-29 20:01
BEIJING, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Cheer Holding, Inc. (NASDAQ: CHR) (“Cheer” or the “Company”), a leading provider of advanced mobile internet infrastructure and platform services, today announced the results of its 2024 Annual General Meeting, which was held on August 28, 2024, in Beijing, China. At the 2024 Annual General Meeting, the Company’s shareholders: (1) re-elected Messrs. Yong Li and Bing Zhang as Class II directors of the Company to serve until the 2027 Annual General Meeting of the ...
Why Dollar General Stock Plummeted to 6-Year Lows Today
The Motley Fool· 2024-08-29 19:22
Profits have plunged, exasperating investors.Shares of retail chain Dollar General (DG -29.73%) plummeted on Thursday after the company reported financial results for the second quarter of 2024. As of this writing, Dollar General stock was down a hefty 30% and trading below $87 -- it hasn't been this low since late 2017.How bad is it?Investors are likely reacting to Dollar General's lower full-year financial guidance. Management had expected to grow net sales by 6% to 6.7% in 2024 but now it believes it wil ...
Dollar General Q2 2024 Update
Seeking Alpha· 2024-08-29 18:35
jetcityimage I first wrote my Deep Dive on Dollar General (NYSE:DG) back in August 2023. While I wasn't initially excited about owning a piece of the company despite the stock being down 40% from peak then, I changed my mind when the stock went down another ~25% following 2Q'23 earnings. After today's dismal earnings, the stock went down almost another 30% since 2Q'23 earnings. If you're counting, the stock is now down ~67% from its peak in October 2022. From listening to today's call, I think it is lik ...
Crude Oil Moves Higher; Dollar General Earnings Miss Estimates
Benzinga· 2024-08-29 18:30
U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining 1% on Thursday.The Dow traded up 1.02% to 41,508.88 while the NASDAQ rose 0.34% to 17,616.32. The S&P 500 also rose, gaining, 0.50% to 5,620.08.Check This Out: Top 3 Tech Stocks You’ll Regret Missing This MonthLeading and Lagging SectorsEnergy shares climbed by 1.5% on Thursday.In trading on Thursday, real estate shares fell by 0.5%.Top HeadlineDollar General Corporation DG reported worse-than-expected second-quarter resul ...