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Kiplinger
Kiplinger
Business
Joey Solitro

GM Stock Accelerates After Earnings. Here's Why

GM, or General Motors logo, in blue displayed on screen.

General Motors (GM) stock rose more than 4% out of the gate Tuesday after the company disclosed higher-than-expected earnings and revenue for its first quarter and raised its full-year outlook.

In the three months ended March 31, the automaker reported revenue of $43 billion, up 7.6% from the year-ago period. Earnings per share (EPS) jumped 18.6% year-over-year to $2.62.

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