GM is trading at $75.55 (-4.12%) as shares reverse recent gains following a record $12.75 million settlement over unlawful driver data sales in California.
- The penalty, announced May 8, represents the largest fine issued to date under the state's new privacy law.
- The sharp pullback suggests company-specific pressure or profit-taking after the stock closed at $78.80 on May 8, especially as the broader S&P 500 is up 0.27% during the same period.