GM Stock Price Today
Today marks the renewed offer for GM common stock after the company emerged from bankruptcy, and required a bailout from the government to stay alive. Of course that depends on your perspective, and if you do not own GM stock before the bankruptcy or had recovered from the car giant.The it has seemed to make a pretty good job of restructuring and turning the company around.
Today is an important day for the automakers, General Motors Co., which had experienced a huge economic crisis in recent past.The IPO set of records, which analysts expect GM to raise around 23 billion dollars that could be perceived as the biggest IPO in the world . GM IPO was scheduled to open at 32-33 dollars per share and the auto giant beat that estimate by an open of $ 35.00.The government bailout plans has helped the company to bear on the market, but today, trading in shares in the company, and the fate of the company future.
General Motors has a tough time lately, and Chris Liddell said he was "grateful" of those who stood by GM during this period.The stock has been trading heavy volume when they are open and have fluctuated between 34, $ 65 and $ 35.99 during the day. General Motors or GM has begun selling its share to the IPO and the GM stock price today will remain under constant monitoring by experts. He praised his staff and said they must concentrate on their work to strengthen its financial situation.
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