0
Previous Update
General Motors has emerged from bankruptcy and the new GM is no longer publicly traded. It is privately owned by various interests such as the US Government, the Canadian government, bond holders, and the Auto Workers Union. The old General Motors (GM then changed to GMGMQ) has been renamed and given a new ticker symbol. It is now known as Motors Liquidation Company MTLQQ. These shares represent most of the bad assets of General Motors and GM has said that even with the most optimistic of results little to no value will be associated with these shares.
MTLQQ continues to trade due to the fact that 'Short Sellers' had sold this stock without owning it. So at some point they must buy it back to replace the borrowed shares they did not own. Others are laying in wait for these buys happen and until they do, the stock will have some value. MTLQQ is a liquidation company so there could be some value left after the sale of assets but GM has publicly stated they expect little to no value to come from this process as a shareholder of the liquidation company itself.
What else can I help you with?
What is the ticker symbol for hummer?
Hummer is owned by General Motors Corporation, which has the ticker symbol of GM.
What was the ticker symbol for General motors corporation before it filed bankruptcy under chapter 11?
GM
General motors ticker symbol?
GM
What is the ticker symbol for General Dynamics Corporation?
The ticker symbol for General Dynamics Corporation is GD and it is traded on the New York Stock Exchange.
What is the ticker symbol for bisquick?
The Bisquick brand is owned by General Mills Corporation, ticker symbol "GIS"
What is ticker symbol for bisquick?
The Bisquick brand is owned by General Mills Corporation, ticker symbol "GIS"
What is the ticker symbol for GM Common on 2002?
The ticker symbol for General Motors Corporation's common stock in 2002 was "GM." This symbol was used for trading on the New York Stock Exchange until the company filed for bankruptcy in 2009 and subsequently restructured. After the restructuring, a new entity emerged, and the ticker symbol for the new General Motors Company became "GM" again when it re-entered the public market in 2010.
What is the symbol for the new general motors stock that will begin trading 11-17-2010?
"GM" (same as the old ticker symbol for General Motors)
What is the ticker symbol for Chevy?
The stock symbol is GM, for General Motors, Chevrolet's parent company.
What is the ticker symbol for Buick and who owns it?
Buick is a brand owned by General Motors. General Motors trades under the symbol GM on the New York Stock Exchange.
What is the ticker symbol for Cadillac?
Cadillac is owned by General Motors, which trades on the NYSE under the symbol GM.
What is the ticker symbol for company called prox dynamics?
General Dynamics Corporation
