GM Sales Tumble; Globalstar Rallies; Airlines Fall
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- General Motors’ (GM) first-quarter sales fell by 9.7%, with its Cadillac Escalade and Chevrolet Suburban large SUVs tumbling by double digits. Sales in March were down 17%, the company said.
- Globalstar (GSAT) shares rose in pre-market trading after a Financial Times report that Amazon.com Inc. is in talks to acquire the satellite provider.
- Shares in airlines and cruise operators are slipping as the prospects of higher fuel prices weigh on sentiment
See omnystudio.com/listener for privacy information.
More description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- General Motors’ (GM) first-quarter sales fell by 9.7%, with its Cadillac Escalade and Chevrolet Suburban large SUVs tumbling by double digits. Sales in March were down 17%, the company said.
- Globalstar (GSAT) shares rose in pre-market trading after a Financial Times report that Amazon.com Inc. is in talks to acquire the satellite provider.
- Shares in airlines and cruise operators are slipping as the prospects of higher fuel prices weigh on sentiment
See omnystudio.com/listener for privacy information.
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