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Sept. 17, 2019, 10:51 a.m. EDT

General Motors stock gains as strike continues

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By Claudia Assis

Shares of General Motors Co. /zigman2/quotes/205226835/composite GM -0.06% rebounded early Tuesday as the strike affecting the company entered its second day. The stock gained 0.5% in early trading, breaking a four-day losing streak and after closing down 4.3% on Monday. About 50,000 GM workers entered a strike this week, at a cost to the company of about $50 million a day, according to analyst estimates. The strike affects more than 31 GM plants, the majority of the company's North American production. Shares of GM have gained 12% this year, compared with gains of 16% for the S&P 500 index /zigman2/quotes/210599714/realtime SPX -0.39% .

/zigman2/quotes/205226835/composite
US : U.S.: NYSE
$ 36.17
-0.02 -0.06%
Volume: 6.86M
Oct. 18, 2019 6:30p
P/E Ratio
5.76
Dividend Yield
4.20%
Market Cap
$51.64 billion
Rev. per Employee
$849,994
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/zigman2/quotes/210599714/realtime
US : S&P US
2,986.20
-11.75 -0.39%
Volume: 1.99B
Oct. 18, 2019 5:08p
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