Market Movers rounded up the newest reactions on Normal Motors from buyers and analysts. Jim Lebenthal of Cerity Companions and Boris Schlossberg of BK Asset Administration gave their takes on GM’s inventory dipping beneath $30 throughout intraday buying and selling for the primary time in additional than three years. The motion got here after The Wall Road Journal reported that GM is doubtlessly dealing with a authorities recall of at the least 20 million autos as a consequence of a defective airbag half. The decline in share worth happens as GM is grappling with ongoing strikes by the United Auto Staff union. Normal Motors inventory closed Thursday at $30.31 a share, down by 2.4%.
