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- 11-15-11, 06:20 AM #1
- Join Date
- May 2002
- Missoura Ozarks
- Millennium Yellow LS6 enhanced Roadster
A year after going public, GM's stock has lost a third of its value
Washington - One year after its much-heralded IPO, which raised a record $23.1 billion, General Motors Co.'s stock has swooned 30 percent from its initial offering price.
And taxpayers are still holding a big chunk of stock on which they'll lose money if the government were to sell off its stake now.
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