Description: The automaker’s stock debuted at $35 a share, a 6% premium from the offering price, raising investor hope that GM will become a Wall Street darling.
Source: CNNMoney.com – video report
Date: 11/18/2010
Link: http://money.cnn.com/video/markets/2010/11/18/mkts_gm_ipo.cnnmoney/
Questions for discussion:
- Was the government’s decision to re-finance GM a good choice financially and socially speaking?
- Do you think the government will recover all of its original $50 billion investment?
- Would you be an investor in GM today?
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