GM shares fall 7.55% despite board-approved $20 billion buyback
GM raised its annual cash-flow forecast in its October 20 results but left the midpoint of its adjusted operating-profit outlook unchanged. Shares were $76.50 in premarket trading at 9:02 a.m. ET.
Automaker General Motors NYSE:GM raised its annual cash-flow forecast in its October 20 results, but left the midpoint of its adjusted operating-profit outlook unchanged. Shares traded at $76.50, down 7.55%, at 9:02 a.m. ET in premarket trading, according to Stock Analysis quote data. Even a fresh…