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GENERAL MOTORS COMPANY

(GM)
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Oracle, La-Z-Boy fall; General Motors, Rambus rise

06/16/2021 | 04:22pm EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday:

Oracle Corp., down $4.56 to $77.08.

Investors were disappointed by the software maker's first-quarter profit forecast.

La-Z-Boy Inc., down $4.94 to $37.34.

The furniture company warned investors that supply chain problems and higher materials prices could hurt profit margins.

General Motors Co., up 95 cents to $61.76.

The auto maker will raise its spending on electric and autonomous vehicles and add two U.S. battery factories.

Carnival Corp., up 67 cents to $29.28.

The cruise operator's Cunard line gave investors an encouraging update on its plan to resume operations.

Elanco Animal Health Inc., up $1.17 to $35.98.

The animal health company is buying Kindred Biosciences for about $440 million.

Rambus Inc., up $1.67 to $21.94.

The memory chip designer is buying back $100 million of its stock and purchasing digital technology company PLDA.

Magnachip Semiconductor Corp., down $1.58 to 24.07.

The chip products maker received an order from the U.S. government to halt its sale to Wise Road Capital, pending a review.

Regeneron Pharmaceuticals Inc., down $3.91 to $523.58.

The biotechnology company slipped, despite encouraging results from a study of its COVID-19 treatment.

Copyright 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission., source Associated Press News

Stocks mentioned in the article
ChangeLast1st jan.
GENERAL MOTORS COMPANY 0.58% 55.31 Delayed Quote.32.08%
LA-Z-BOY INCORPORATED -0.12% 33.43 Delayed Quote.-15.99%
ORACLE CORPORATION -0.50% 87.365 Delayed Quote.35.72%
RAMBUS INC. 1.05% 23.09 Delayed Quote.30.87%
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Financials (USD)
Sales 2021 136 B - -
Net income 2021 8 616 M - -
Net cash 2021 7 206 M - -
P/E ratio 2021 9,18x
Yield 2021 0,54%
Capitalization 79 787 M 79 787 M -
EV / Sales 2021 0,53x
EV / Sales 2022 0,46x
Nbr of Employees 155 000
Free-Float 95,1%
Chart GENERAL MOTORS COMPANY
Duration : Period :
General Motors Company Technical Analysis Chart | GM | US37045V1008 | MarketScreener
Technical analysis trends GENERAL MOTORS COMPANY
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 23
Last Close Price 55,00 $
Average target price 74,60 $
Spread / Average Target 35,6%
EPS Revisions
Managers and Directors
Mary Teresa Barra Chairman & Chief Executive Officer
Mark L. Reuss President
Paul A. Jacobson Chief Financial Officer & Executive Vice President
Randall D. Mott Chief Information Officer
Matthew Tsien Chief Technology Officer & Executive VP
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