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Jul 25, 2023
  • General Motors declined 3.2% to $38.09 despite the automaker lifting its full-year earnings outlook. 

    Second quarter revenue increased 25.1% to $44.7 billion and net income soared 51.7% to $2.6 billion from $1.7 billion and diluted earnings per share increased to $1.83 from $1.14 a year ago. 

    The company forecasted annual net income attributable to stockholders between $9.3 billion and $10.7 billion, compared to the previous outlook between $8.4 billion and $9.9 billion. 
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