General Motors (GM) Stock Price Change From IPO
General Motors Co. has started to sell $18.1 billions worth of shares on this said to be the second largest initial public offering ever in the United States capping a remarkable two-year turnaround which caused the company to beg for a government bailout in posting its profits in over six years.
The proceeds of the selling of shares of GM will help pay back the U.S. government for the $49.5
billion spent on its controversial rescue of the company which lost billions of dollars a year.
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