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Despite the uptick, General Motors Co.’s closing price remained $10.57 below its 52-week peak of $43.63, reached on February 16th. However, the automotive giant managed to outperform some of its competitors during Monday’s session. Notably, Tesla (NASDAQ:TSLA) Inc.’s stock saw a smaller increase of only 0.86% to close at $246.99.
Trading volume for General Motors Co., however, was lower than average during Monday’s session. The trading volume was recorded at 7.3 million shares, which is significantly less than its 50-day average volume of 13.1 million shares.
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