Is Reddit's Raid Why General Motors' Stock Is Down Today?

Is Reddit's Raid Why General Motors' Stock Is Down Today?

Shares of General Motors (NYSE: GM) were trading lower on Wednesday. As of 11:15 a.m. EST, GM's shares were down 5.7% from Tuesday's closing price. It has been hard to miss the recent surges in stocks like GameStop and AMC Entertainment Holdings that seem to be fueled by investors organizing on Reddit's r/WallStreetBets message board.