GM’s Cruise valuation slashed by more than half, email shows

πŸ“°πŸ’₯ GM’s Cruise valuation cut in half! Share price estimate drops from $24.27 to $11.80, as reported by Reuters. #BusinessNews

Cruise employees were told the share price had been estimated by a third party at $11.80, according to an email viewed by Reuters. That’s down from a prior estimate of $24.27 just one quarter ago.

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