GM Stock Rose 2% Yesterday as Honda Joins Cruise Ride
On October 3, General Motors (GM), the largest US automaker (XLY), rose 2.1%. Ford (F), Fiat Chrysler (FCAU), Tesla (TSLA), and Honda (HMC) fell 0.8%, 1%, 2.1%, and 3.6%, respectively, that same day. Let’s take a look at what drove optimism in GM stock.