NYSE:GMAuto
General Motors (GM) Could Be 14% Undervalued Following Canadian Labor Deal
General Motors (GM) is back in focus after Unifor reached tentative three year labor agreements covering more than 4,600 union members at key Canadian facilities, reducing immediate risks around strikes and production disruptions.
General Motors shares trade at US$86.33 and recent moves have been mixed, with a 7 day share price return of 1.61% alongside a modest 30 day decline. The 1 year total shareholder return of 48.29% and 3 year total shareholder return of about 17x indicate strong...