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General Motors Company GM Takes $5 Billion Charge Due to Losses in China

December 11, 2024
General Motors Company (GM) is facing challenges in China, leading to a $5 billion charge against its earnings. The company has warned Wall Street about this significant hit it expects to take from losses in the Chinese market. The losses have prompted GM to cut the value of its assets in China and make adjustments to its joint ventures. As a result, General Motors is attracting investor attention, and experts recommend seeking professional advice, such as Stocks Prognosis, for an accurate forecast of the company's stock movement.
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GMAugust 26, 2025GENERAL MOTORS COMPANY Hits Price Target Forecast with 20.27% Profit Margin  ~1 min.

On July 22, 2025, QuantWave, an automated forecasting platform, issued a signal to take a long position on GENERAL MOTORS COMPANY stock at a price of $48.89....


GMAugust 22, 2025QuantWave Achieves 19.98% Profit Target for GENERAL MOTORS COMPANY Stock  ~1 min.

QuantWave, the automated forecasting platform, successfully reached its price target forecast for GENERAL MOTORS COMPANY stock, resulting in a profit of 19.98%....


GMAugust 22, 2025GENERAL MOTORS COMPANY Hits QuantWave Price Target Forecast with 23.93% Profit  ~1 min.

GENERAL MOTORS COMPANY has successfully reached the price target forecast set by QuantWave, resulting in a significant profit of 23.93%....


GMAugust 19, 2025GENERAL MOTORS COMPANY Hits Price Target Forecast with 18.19% Profit, According to QuantWave  ~1 min.

In an exciting turn of events for investors, GENERAL MOTORS COMPANY has successfully achieved the price target forecast set by QuantWave, resulting in a substantial profit margin of 18.19%....


GMAugust 19, 2025GENERAL MOTORS COMPANY Stock Hits Price Target, Yielding 18.19% Profit: QuantWave Analysis  ~1 min.

On June 17, 2025, QuantWave, an automated forecasting platform, issued a long signal for GENERAL MOTORS COMPANY stock when it was priced at $48.16....


GMAugust 14, 2025GENERAL MOTORS COMPANY Stock Hits Price Target of 56.42 $ with a Profit of 16.24%  ~2 min.

As of August 14, 2025, GENERAL MOTORS COMPANY stock has successfully reached the price target of 56.42 $ as forecasted by QuantWave on May 23, 2025. This achievement represents a profit of 16....


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On June 4, 2025, QuantWave made a forecast signal for GENERAL MOTORS COMPANY, recommending a long position when the stock was trading at $47.4....


GMAugust 14, 2025GENERAL MOTORS COMPANY Stock Hits QuantWave's Price Target, Generating 17.6% Profit  ~1 min.

On May 28, 2025, QuantWave's forecasting platform identified an opportunity for investors in GENERAL MOTORS COMPANY stock with a long position signal at a price of 47.85 $....


GMAugust 14, 2025GENERAL MOTORS COMPANY Hits Price Target Forecast on QuantWave, Generating 18.68% Profit  ~1 min.

On June 2, 2025, QuantWave, the automated forecasting platform, issued a long signal for the stock of GENERAL MOTORS COMPANY, with a price of 47.42 USD....


GMAugust 14, 2025GENERAL MOTORS COMPANY Stock Hits Price Target, Providing 16.24% Profit Opportunity  ~1 min.

On May 23, 2025, QuantWave, the automated forecasting platform, issued a long signal for GENERAL MOTORS COMPANY stock when it was trading at $48.41....


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