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General Motors (GMGMQ) was halted by FINRA after it became apparent that investors were trading it thinking that they were investing in the new GM which is emerging from bankruptcy. This is not what the symbol GMGMQ represents. GMGMQ represents most of the bad assets and debt that were responsible for General Motors filing for bankruptcy in the first place. What's worse is that they have now stripped out most of the good assets. GMGMQ now represents Motor Liquidation Company and GM has stated that "It is our strong belief that there will be no value for the common stockholders in the bankruptcy liquidation process, even under the most optimistic of scenarios" If you would like to invest in the new GM, you will have to wait until it IPO's most likely late 2010.
What else can I help you with?
What was the stock price of GM stock in November 1966?
What was the stock price of GM stock in November 1966?Read more:What_was_the_stock_price_of_GM_stock_in_November_1966
How much stock does gm own?
GM does not own any stock in Toyota.
GM Stock price in 1984?
GM stock price in 1984 was- $73.9375 a share.
How much Toyota stock does GM own?
GM does not own any stock in Toyota.
Can you buy GM common stock?
Yes and no. You cannot but stock in the "New GM" (the company that just came out of bankruptcy), but you can buy stock in the company that was GM (but why would you want to?).
What is the stock symbol for OnStar?
OnStar is owned by GM. I believe it doesn't have it's own stock symbol but is apart of GM.
What was GM highest stock price?
In 2000 GM stock peaked at $100 per share. That is the highest I can remember.
What was the closing price for GM stock on Feb 1 1982?
What was the price of GM stock on May 17, 1989?
Why is GM halted?
FINRA halted GMGMQ shares on Friday July 10th due to investor misconception regarding which company the shares represent. Motors Liquidation Co. is what GMGMQ shares comprise. The "new" GM company shares are not issued yet and will not do their IPO until 2010 sometime.
Where can we purchase GM stock?
If you want some GM stock, open a Scottrade or Ameritrade account and buy it. Very easy to do.
What the stock symbol for onstar?
OnStar is owned by GM. I believe it doesn't have it's own stock symbol but is apart of GM.
What is the stock symbol for GM?
The stock symbol for General Motors Company is GM. It is traded on the New York Stock Exchange (NYSE). This symbol is used to identify the company's shares in the stock market.
