{"id":2155,"date":"2010-11-19T14:22:00","date_gmt":"2010-11-19T14:22:00","guid":{"rendered":"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/gm-hits-the-stock-exchange\/2154\/"},"modified":"2010-11-19T14:22:00","modified_gmt":"2010-11-19T14:22:00","slug":"gm-hits-the-stock-exchange","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/gm-hits-the-stock-exchange\/2155\/","title":{"rendered":"GM Hits The Stock Exchange"},"content":{"rendered":"

<\/a>General Motors<\/strong> (NYSE<\/a>:GM<\/strong><\/a>) made its second entry into the New York Stock Exchange with an Initial Public Offering.<\/p>\n

<\/span>General Motors managed to gain over $20 Billion through the IPO. On the end of day one shares were around $34 per share. It created history by becoming the largest initial stock offering in New York Stock Exchange.<\/p>\n

The government controlled car manufacturer GM (NYSE:GM) has had more than $50 Billion of tax payers’ money to revive the dying automobile giant. The government stake through this measure is reduced to 33% from 61%. More than 358 million shares were sold and 54 million more are going to be sold to bankers.<\/p>\n

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  2. Dell Reports Huge Profit<\/a><\/li>\n
  3. What Will The Government Gain From GM?<\/a><\/li>\n
  4. Motorola Splitting Up<\/a><\/li>\n
  5. Learning About Energy Choice Made Easier<\/a><\/li>\n<\/ol>\n
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