GM stock falls after guidance cut; Q2 earnings beat estimates

General Motors shares plunged Wednesday after the company lowered its full-year earnings guidance to reflect higher commodity prices, mainly owing to the tariffs imposed by the government on metal imports. In the second quarter, adjusted earnings declined, but came in above analysts’ estimates. Earnings, excluding special items, dropped to $1.81 per share from $1.89 per … Continue reading GM stock falls after guidance cut; Q2 earnings beat estimates