General Motors Up, Domino’s Rises, Polaris Gains on Sale of Bike Stake
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Show Notes
On this episode of Stock Movers:
- General Motors (GM) shares are up after news that the automaker is incurring $1.6 billion in charges tied to its pullback from electric vehicles due to US policy changes.
- Domino’s Pizza (DPZ) shares rise after the company posted better-than-expected quarterly results, fueled by demand for promotions and stuffed crust pizza. Domino’s stronger results reflect growing customer demand driven by its recent promotions, stuffed crust offering, and steady delivery momentum.
- Polaris (PII) after the recreational vehicle maker said it would separate Indian Motorcycle from its portfolio and sell a majority stake to Carolwood LP. Polaris also gave preliminary results for its third quarter that included a surprise adjusted EPS projection.
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