GM’s Cruise valuation slashed by more than half, adding to woes – ET Auto
Baua Electric
MARCH 1, 2024
GM Cruise General Motors’ Cruise saw its internal share price cut by more than half from a quarter ago as the fallout from an October accident continues to weigh on the self-driving car company. Cruise employees were told the share price had been estimated by a third party at USD 11.80, according to an email viewed by Reuters.
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