General Motors Co. stock fell nearly 1% late Tuesday after the auto maker reported mixed quarterly results, missing on sales as it tried to sidestep supply-chain constraints.
GM GM,
Sales fell to $33.6 billion from $37.5 billion a year ago.
Analysts polled by FactSet expected GM to report adjusted earnings of $1.16 a share on sales of $35.8 billion.
GM earlier this year unveiled its highly anticipated Silverado electric pickup, and during a conference call following results analysts will zero in the timing and production ramp for the vehicle.
GM stock has gained around 4% in the past 12 months, underperforming the S&P 500 index SPX,
