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StockWatch: GM Price Surge as Plants Close

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General​ Motors​ is temporarily shutting down more auto plants, due to a global chip shortage.

The company announced it would shut production at two US​ plants and this has caused supplies of vehicles at #dealerships​ to get extremely tight.

Ferrari​ has seen a fall in stock price by 5.6% since the start of 2021. It also suffered its worst quarter since the end of 2018.

Will there be a reversal to #2020​ highs anytime soon?

Timestamps:
– #GM​ 02:10​
– #RACE​ 03:20

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