The Zhitong Finance App learned that General Motors (GM.US) rose more than 4% to $79.30 on Tuesday. According to the news, on July 21, GM announced financial results for the second quarter: adjusted profit before interest and tax (EBIT) reached 3.9 billion US dollars, a sharp increase of 29.8% over the previous year. Adjusted earnings per share were $3.57, far exceeding expectations of $3.19; profit margins jumped from 6.4% to 8.2%. Revenue of $48.03 billion, up 1.9% year over year, also exceeded expectations.

The Zhitong Finance App learned that General Motors (GM.US) rose more than 4% to $79.30 on Tuesday. According to the news, on July 21, GM announced financial results for the second quarter: adjusted profit before interest and tax (EBIT) reached 3.9 billion US dollars, a sharp increase of 29.8% over the previous year. Adjusted earnings per share were $3.57, far exceeding expectations of $3.19; profit margins jumped from 6.4% to 8.2%. Revenue of $48.03 billion, up 1.9% year over year, also exceeded expectations.