Here’s why GM’s stock is having its worst day in over a year
Published . Updated .
The automaker lowered its full-year profit expectations as it plans to pause some truck production.
Directly affected
- No company is named in this report.
Indirectly affected
- SPY SPDR S&P 500
The broad U.S. stock market
- TLT iShares 20+ Year Treasury Bond
Long-term U.S. government bonds
- QQQ Invesco QQQ
Large technology stocks
- GLD SPDR Gold Shares
Gold can move with the broad market
Price reaction, T-5 to T+3
The automaker lowered its full-year profit expectations as it plans to pause some truck production.
Source: MarketWatch
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