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General Motors Company (GM)

NYSE - NYSE Delayed price. Currency in USD
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37.56+1.50 (+4.16%)
At close: 04:00PM EDT
37.53 -0.03 (-0.08%)
Pre-market: 08:02AM EDT
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    Why General Motors Shares Spiked Monday

    Shares of General Motors (NYSE: GM) jumped as much as 6% Monday after the Senate passed the Inflation Reduction Act Sunday, which has some major climate change provisions to help electric vehicle (EV) sales. GM stock was still up 4.7% as of 3:32 p.m. ET. The new legislation passed by the Senate this weekend is now likely to be approved by the House of Representatives and signed into law by President Joe Biden.