General Motors GM shares are trading higher on Monday after Deutsche Bank added the stock to its short-term Catalyst Call Buy List and expressed its view that the company should spin off its electric vehicle operations.
GM has seven brands and operates under four segments: GM North America, GM International, Cruise, and GM Financial.
The company remains the market leader in the U.S. with 17% share in 2019.
General Motors shares were trading up 7.65% at $29.99 on Monday during the time of publication. The stock has a 52-week high of $39.78 and a 52-week low of $14.32.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
