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Here's Why General Motors (GM) Fell More Than Broader Market

Zacks Investment Research·
Here's Why General Motors (GM) Fell More Than Broader Market

General Motors (GM) declined 2.37% to $83.76, underperforming the S&P 500 and lagging its sector over the past month. While the company is expected to report EPS growth of 20.36% year-over-year, revenue is projected to decline 0.77%. GM trades at a significant valuation discount with a Forward P/E of 6.45 versus the industry average of 18.13, and holds a Zacks Rank of #3 (Hold).

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