General Motors stock price jumps

Source: Dukascopy Bank SA
During Tuesday's US trading session, the stock price of General Motors surged by 2.50 USD or 7.56%. The jump of the stock price was caused by the company announcing plans to invest $2 billion in the development of electric vehicles in Tennessee.

Moreover, the take into account that during October the stock price has surged by 20%. The surge has occurred due to a string of positive news from the company. Among them are a case reinstatement against Fiat Chrysler, a law not applying to GM reports, good car sales in China, and a sale of unit to Goldman Sachs.

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