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General Motors Topped Earnings Estimates. The Stock Is Sinking Anyway
GM makes Chevrolet, Buick, GMC, and Cadillac vehicles.
Credit: CFOTO / Future Publishing via Getty Images
Key Takeaways
GM shares slid Tuesday despite quarterly earnings that topped analysts’ expectations.
The automaker also announced a $20 billion stock buyback program.
General Motors shares are tumbling after the automaker’s latest earnings report.
Shares of GM (GM) shares were down over 5% in recent trading, dragging them back into negative territory for the year. The stock was up 2% for 2026 through yesterday’s close.
General Motors said this morning that it earned an adjusted $3.70 per…
The skinny
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