GM Investor Day to Highlight Autonomous Vehicles

Investors are anticipating some major updates from General Motors Company (NYSE: GM) when the company holds its investor day event on Wednesday and Thursday. Bank of America analyst John Murphy says the event could certainly move GM stock.
“In particular, we expect GM will showcase its Cruise Anywhere AV-EV ride-hailing operation, which could demonstrate its relative leadership position in the autonomous/electric evolution,” Murphy says.
After years of lagging the market, GM stock finally came alive in the second half of 2017 on high hopes for the company’s electric and autonomous vehicle initiatives.