A series of recent events and noteworthy transactions have unfolded concerning the General Motors Company (GM). Institutional owners currently hold a significant 89% of GM shares. Several asset management firms and investors, such as Atria Investments Inc., Earned Wealth Advisors LLC, and Heritage Investors Management Corp, among others, have reduced their holdings in GM. However, others like Arkadios Wealth Advisors and Jennison Associates LLC have increased theirs.
Unfortunately, GM has faced setbacks recently, including the departure of its top software leader, which led to an overhaul of its tech department. This coincided with the announcement of job cuts in its electric vehicle (EV) business, with 1,750 layoffs and temporary idling of its Factory Zero, due to slower EV sales.
Nevertheless, the company has been recognized for its innovation, receiving the Fast Company “Next Big Thing in Tech” award for its LMR battery cells. In addition, GM's stock price reached a 52-week high, and a ‘Moderate Buy' consensus recommendation from analysts, suggesting positive future prospects. GM also plans to invest $4 billion into its U.S manufacturing plants, showcasing commitment to ongoing development.
General Motors Company GM News Analytics from Tue, 10 Jun 2025 07:00:00 GMT to Sat, 01 Nov 2025 13:00:13 GMT - Rating -4 - Innovation 7 - Information 6 - Rumor -6
