Markets

Here’s why GM’s stock is having its worst day in over a year

Summary

General Motors experienced its steepest stock decline in more than a year following a reduction in its annual profit forecast. The automaker intends to temporarily halt production on certain truck lines as part of these adjustments.

The automaker lowered its full-year profit expectations as it plans to pause some truck production.

Source: Read the full story at MarketWatch.com - Top Stories

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