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Why General Motors Stock Is Lower Today

·2 min read
Why General Motors Stock Is Lower Today
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Shares of General Motors (NYSE: GM) were trading down on Monday morning, amid a broad-based market sell-off seemingly triggered by concerns about higher interest rates. As of 11 a.m. ET, GM's shares were down about 4.9% from Friday's closing price. GM was one of many stocks hit by interest-rate-driven selling on Monday morning.