|Bid||43.03 x 3100|
|Ask||43.27 x 1100|
|Day's Range||43.56 - 44.58|
|52 Week Range||14.33 - 44.58|
|Beta (5Y Monthly)||1.35|
|PE Ratio (TTM)||19.85|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Mar 05, 2020|
|1y Target Est||N/A|
The U.S. is making General Motors recall and repair nearly 6 million big pickup trucks and SUVs equipped with potentially dangerous Takata air bag inflators. The decision announced Monday by the National Highway Traffic Safety Administration will cost the automaker an estimated $1.2 billion, about one third of its net income this year. GM (GM) had petitioned the agency four times starting in 2016 to avoid a recall, contending the air bag inflator canisters have been safe on the road and in testing.
Niu earnings results disappointed investors, with EPS that just beat or missed views. The e-scooter maker's revenue fell short.
General Motors Co will recall 5.9 million vehicles with potentially dangerous Takata air bag inflators after a U.S. safety agency said Monday it had rejected the Detroit automaker's petition to avoid the callback. The National Highway Traffic Safety Administration said GM must recall the 2007-2014 model year trucks and SUVs because the inflators "are at risk of the same type of explosion after long-term exposure to high heat and humidity as other recalled Takata inflators." GM has estimated in securities filings it would cost $1.2 billion if it were required to replace air bag inflators it had sought to avoid fixing.