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GM Stock Surpasses 2010 IPO Price


Today, May 17th, GM’s shares surpassed the offering price from the 2010 IPO, which means that the US Treasury will be able to pare its losses. Today GM’s shares rose to $33.21 compared with $33.00 during the November 2010 IPO, the first time the stock has risen above $33 since May 2011. This year so far GM’s stock has increased 14.5%. ...
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