Why Did GM Stock Suddenly Jump 20% Higher?

Core Viewpoint - General Motors' share price has increased by over 20% in a short period, driven by strong third-quarter results and positive management outlook [1][5]. Financial Performance - GM reported earnings per share of $2.80 and revenue of $48.6 billion, both exceeding Wall Street expectations [2]. - The company raised its full-year 2025 guidance for adjusted earnings from a range of $10 billion to $12.5 billion to a new range of $12 billion to $13 billion, translating to adjusted earnings per share of up to $10.50 [4]. Market Demand - There is strong demand for GM's full-size SUVs, with the company currently unable to meet this demand [3]. - The management is making progress in reducing tariff payments and adapting to the slowing demand for electric vehicles, addressing market concerns [2][7].