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GM stock prices at top end in return to market 11/17/10

http://www.marketwatch.com/story/gm-ipo-prices-at-33-a-share-2010-11-17

IPO is second-biggest in U.S. history, based on sale of common stock

By Alistair Barr; MarketWatch ~ Nov 17, 2010

 

Chevrolet cars at a GM dealership in Miami. The U.S. Treasury says it will cut its ownership stake in the automaker following the stock’s return to market.

 

SAN FRANCISCO (MarketWatch) — General Motors Co. priced its initial public offering late Wednesday at the high end of the estimated range, setting the stage for the auto maker’s historic return to the stock market in the wake of its government-orchestrated bailout.

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