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Auto Stock Eyes Worst Day Since March After Earnings
GMGM(US:GM) Schaeffers Investment Research·2025-07-22 14:33

General Motors Co (NYSE:GM) stock is down 7% at $49.58 this morning, sliding lower despite the vehicle manufacturer's second-quarter earnings and revenue beat. Tariffs impacted as much as $1.1 billion and quarterly profit fell 35% in Q2. Today's pullback has put GM into the red for 2025, down 6.7%, and on track for its lowest close in nearly a month. Should these losses hold, General Motors stock will be on pace to log its worst daily drop since March 27.Traders have been flocking to the options pits in res ...