There’s an old saying that its not what have you done, but what have you done for me lately and nobody is feeling that more than current General Motors CEO, Mary Barra, who may be on the hot seat if she can’t get the numbers to move.
The current General Motors’ CEO has done an admirable job over her tenure at the USA’s biggest automotive manufacturer. Under her guidance the company has been the number one selling domestic auto brand for the last five years, but had hit some headwinds lately and has seen its stock drop to six percent below the price of GM stock post bankruptcy.
But even the best can’t seem to crack the code for moving Auto stock prices and while most believe that Barra has done a good job the numbers speak for themselves. The stock did a big run up, peaking in 2017 at around $46 dollars per share, but since then has dropped over thirty three percent – to provide perspective, the Standard and Poor five hundred index increased almost 8% over the same period.