Why General Motors Stock Is Rising Today
Shares of General Motors (NYSE: GM) were trading higher on Monday amid a broad market rally, as the company reopened several U.S. factories that had been idled since March. As of 10:45 a.m. EDT today, GM's shares were up about 8.4% from Friday's closing price. After weeks of planning, today's the day: Several of GM's U.S. factories, including truck plants in Flint, Michigan, and Fort Wayne, Indiana, restarted production this morning.