GM stock jumps 7.8% on Q4 sales and profit beat, bullish 2024 profit outlook

GM stock jumps 7.8% on Q4 sales and profit beat, bullish 2024 profit outlook

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reported top and bottom line beats for the fourth quarter and issued 2024 full-year profit guidance that matched its initial forecast for 2023 on Tuesday. Shares of the automaker closed up 7.8%, with the stock hitting its highest levels since August 2023. The upbeat earnings report comes as GM…

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