Why These 5 Stocks Are Surging on Thursday

2. General Motors Company (NYSE:GM) is up 2.2% due to the broader market rally and the news that the company is investing $300 million in Momenta, a Chinese self driving car company. China is a huge market and General Motors Company (NYSE:GM) profits could potentially increase if it succeeds in autonomous driving or investing in successful autonomous driving companies. The number of elite funds that we track that owned 13F equity shares in General Motors Company (NYSE:GM) remained stable in Q2 at 86 quarter over quarter.