Stock Value Down 5 Percent Week Of June 15 - June 19 2026

GM stock finished the week at 79.29 dollars a share, down 2.71% from the prior close, while Ford fell about 5.26%. The debut of the next-generation 2027 Silverado 1500 and the end of a key supplier strike shaped sentiment, alongside concerns that high gas prices are dampening demand for pickups and SUVs. GM remains focused on EVs as its north star. The plan includes a $7 billion Michigan investment for Orion Township and a 2.5 billion Ultium Cells plant; a 2.26 billion DOE loan funds a Nevada lithium project. GM also announced a $6 billion write-down and about 2,000 Factory Zero layoffs.