General Motors shares advanced as Bank of America raised its target to $65

Invezz

Published

General Motors (NYSE: GM) shares have advanced from $28.5 above $38 in less than several weeks and the current price stands around $35.82. General Motors has found strong support above $30 but the price is still not able to surpass $40 resistance. Fundamental analysis: Even with the COVID-19 pandemic, the business of GM is going well General Motors is one of the largest automobile manufacturers and it is ranked #18 on the Fortune 500 rankings of the largest United States corporations by total revenue. The next several months will be competitive for the global auto industry but even with the

Full Article