Warren Buffett's 2024 Strategy: Selling GM And Activision, Buying Atlanta Braves–Here's Why [Yahoo! Finance]
General Motors Company (GM)
Last general motors company earnings: 2/5 08:05 am
Check Earnings Report
US:NYSE Investor Relations:
gm.com/investors/index.html
Company Research
Source: Yahoo! Finance
Don't Miss: Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." These high-yield real estate notes that pay 7.5% – 9% make earning passive income easier than ever. First off, Buffett has sold off his stakes in General Motors and Activision Blizzard. That's right – completely gone. For Activision, it was all about timing. Microsoft's acquisition of the gaming company went through and Buffett saw an opportunity. He had been holding onto Activision as an arbitrage play, waiting for the deal to close. Once it did, Berkshire cashed out, reportedly raking in $1.2 billion. General Motors? That's a bit more surprising. Buffett had been a longtime supporter of the auto giant but decided to sell off his entire $848 million stake. The auto industry has been hit with challenges from rising interest rates and shifting economic conditions, so it appears Buffett decided it was time to exit. Speaking of opportunities, one of Buffett
Show less
Read more
Impact Snapshot
Event Time:
GM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GM alerts
High impacting General Motors Company news events
Weekly update
A roundup of the hottest topics
GM
News
- General Motors began selling horse-drawn carriages, became major manufacturer of auto brands [FOX Business Network]FOX Business Network
- GM recalling 450,000 trucks, SUVs over brake warning [FOX Business Network]FOX Business Network
- GM recalls more than 449,000 SUVs, pickups over low brake fuel warning light issues [CBS News]CBS News
- GM recalls 450,000 pickups and SUVs for faulty brake fluid indicator [Yahoo! Finance]Yahoo! Finance
- Boeing strike costs set to soar if labor dispute drags on [Yahoo! Finance]Yahoo! Finance
GM
Earnings
- 7/23/24 - Beat
GM
Sec Filings
- 9/11/24 - Form 3
- 9/5/24 - Form 8-K
- 8/27/24 - Form 4
- GM's page on the SEC website