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GM Oct 2024 39.000 put

OPR - OPR Delayed price. Currency in USD
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0.3000-0.0700 (-18.92%)
As of 02:35PM EDT. Market open.
Full screen
Previous close0.3700
Expiry date2024-10-18
Day's range0.3000 - 0.3700
Contract rangeN/A
Open interest756
  • Yahoo Finance Video

    Tesla's auto biz still has 'some fundamental challenges': Analyst

    Shares of Tesla (TSLA) continue to fall on Wednesday morning after the company posted its second quarter results, with earnings missing estimates for the fourth straight quarter. CEO Elon Musk, on the company conference call, said that more affordable EVs are on track for 2025 debut. Citi US autos & auto parts analyst Itay Michaeli joins Catalysts to give insight into Tesla's recent performance, how the company might turn it around, and how the auto sector may play out moving forward. Michaeli says that gross margins for the autos business, excluding credits, fell short of analyst estimates, serving as "a reminder that the auto business does still have some fundamental challenges." When asked if the robotaxi can be a saving grace for the company, Michaeli responds: "I think it's all about the level of credibility in the actual deployment plan for Tesla. If the event is reminiscent of the 2019 Autonomy Day, that could receive some some pushback and disappointment. But if the company is able to actually leverage its advantages, which we think are really a low-cost robotaxi platform, the hardware costs, as well as, of course, their end-to-end AI capabilities, which are very strong into a credible deployment plan for robotaxi and other mobility services that could actually be perceived well." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino

  • Insider Monkey

    General Motors Company (GM): Why Do Analysts Recommend This Manufacturing Stock?

    We recently compiled a list of the 10 Best Manufacturing Stocks To Buy According to Analysts. In this article, we are going to take a look at where General Motors Company (NYSE:GM) stands against the other manufacturing stocks. 2024 is seeing a momentous shift in global manufacturing trends that have cemented themselves over the past three […]

  • Associated Press Finance

    Strike at plant that makes truck seats forces production stoppage for Missouri General Motors

    Production has halted at a Missouri General Motors plant that manufactures trucks and vans, the result of a strike at the company that supplies seats for the vehicles. About 480 workers at Lear Corp. in Wentzville walked out at midnight Sunday. The strike brought production to a standstill Monday at the GM plant in Wentzville, about 40 miles (64 kilometers) west of St. Louis, where the Chevrolet Colorado and GMC Canyon midsize trucks, along with the Chevrolet Express and GMC Savana full-size vans are made.