The last time shares of GM dropped below $30 a share during intraday trading was on Oct. 1, 2020, according to FactSet.
General Motors' stock price fell below $30 a share Thursday for the first time in more than three years.
The most recent share decline is amid a UAW strike and a new report involving a potentially costly air-bag part that the government says should be recalled. The last time shares of GM dropped below $30 a share during intraday trading was on Oct. 2, 2020, according to FactSet.stock price fell below $30 a share Thursday for the first time in more than three years amid ongoing strikes by the United Auto Workers union and a report of a potentially costly airbag recall for the automaker., shares of the Detroit automaker have fallen by more than 10%. The stock closed at $33.66 a share a day before the work stoppages began.
"We believe we have a compelling offer that would reward our team members and allow GM to succeed and thrive into the future. We continue to stand ready and willing to negotiate in good faith 24/7 to reach an agreement," the company said Thursday in an emailed statement. The last time shares of GM dropped below $30 a share during intraday trading was on Oct. 2, 2020, according to FactSet.Cramer says Ford may look to shift some production to Mexico amid UAW strike
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