May 21, 2022

GM IPO Is Trading Above Offering Price And Lifts Market

It’s a monumental day for General Motors Company (NYSE: GM) today. After it nearly crashed and burned, taking a ride through bankruptcy last year after losing $88 billion the previous five years, it emerged restructured and stronger than ever. Today it returned to the life it once knew, as a publicly traded company. Financial experts […]

GM Turning Things Around With Third Quarter Profit

Business is starting to turn around for General Motors Co. Thanks to restructuring, better brand marketing and corporate cost cutting, the automaker posted a $2 billion profit on Wednesday for the third quarter of this year. This represents the largest quarterly profit for GM since coming out of bankruptcy proceedings in July 2009. Investors are […]