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Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 44.98 USD | -0.28% |
|
+6.11% | +25.43% |
| 05:36pm | General Motors Q1 Solid Backed by Operational Performance, Lower Share Count, BofA Says | MT |
| 03:49pm | UBS Adjusts Price Target on General Motors to $58 From $56, Maintains Buy Rating | MT |
(Reuters) - General Motors Co said on Friday proxy adviser Glass Lewis & Co LLC recommended shareholders to vote for GM's board nominees and against Greenlight Capital's proposal at the company's annual shareholder meeting in June.
Hedge fund manager David Einhorn's Greenlight has been pressuring GM to split its common stock into two classes to help boost its share price.
Glass Lewis agreed with the automaker that "there are a number of risks and uncertainties associated with Greenlight's plan and that it is speculative in nature," GM said. (http://bit.ly/2rYpykb)
(Reporting by Arunima Banerjee in Bengaluru; Editing by Arun Koyyur)
| 1st Jan change | Capi. | |
|---|---|---|
| +25.43% | 52.06B | |
| +39.66% | 306B | |
| +18.34% | 81.97B | |
| +5.73% | 71.72B | |
| +7.42% | 71.04B | |
| +22.07% | 54.97B | |
| +6.11% | 51.66B | |
| +27.01% | 43.41B | |
| +24.08% | 39.49B | |
| +19.03% | 27.58B |
GENERAL MOTORS COMPANY 
