GM Shares Return to NYSE, But Will Buyers?

Shares of automaker General Motors surged on their return to the New York Stock Exchange today after a bankruptcy and $50 billion government bailout just 18 months ago. Investors snapped up the stock, unlike the Pontiacs and Oldsmobiles a generation of drivers increasingly spurned. Yesterday, the new General Motors Co. priced its initial public offering of 478 million shares at $33 each. The price tag makes it one of the largest IPOs in U.S. history, raising as much as $23 billion with...Full Story
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