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Week 37: GM Stock Recovered from Its 52-Week Low

John Parker
Week 37: GM Stock Recovered from Its 52-Week Low

In the week ending September 14, General Motors (GM) stock rose 2.1% after registering losses of 5.9% in the previous week. While General Motors stock gained 16.2% in May, it turned negative in June. The stock lost ~7.7%, 3.8%, and 4.9% in June, July, and August, respectively. General Motors has lost 2.9% on the month-to-date basis as of September 17. Let’s take a look at the key support and resistance levels for General Motors stock before we explore its recent fundamental updates.