What was GM highest stock price?
This week General Motors stock sold at $697 per share, the highest price at which any stock ever has sold on the New York Stock Exchange, with the exception of Northern Pacific. The latter issue...
What is the highest GM stock has ever been?
The latest closing stock price for General Motors as of April 08, 2022 is 39.35. The all-time high General Motors stock closing price was 65.74 on January 04, 2022. The General Motors 52-week high stock price is 67.21, which is 70.8% above the current share price.
Does the government still own GM stock?
The simple answer is "yes". The U.S. government still owns some GM stock. But it won't for much longer. General Motors ( GM -1.15% ) picked up its "Government Motors" nickname after it emerged from bankruptcy in 2009, a bankruptcy assisted by $49.5 billion in government loans.
Should you buy GM stock?
General Motors Company (GM) closed the most recent trading day at ... The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return ...
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What is the highest price GM stock has ever been?
General Motors - Stock Price History | GMThe all-time high General Motors stock closing price was 65.74 on January 04, 2022.The General Motors 52-week high stock price is 67.21, which is 93.9% above the current share price.More items...
Did GM shareholders lose everything?
Common stock holders in the old General Motors were essentially wiped out, watching their shares morph into shares of Motors Liquidation. The common stock originally traded on the Pink Sheets but was later canceled.
Is it a good time to invest in GM?
Likewise, General Motors had a strong 2021 as well. The company generated an adjusted EBIT of $14.3 billion during the year, which was even better than Ford's results, although one should note that GM also sells way more vehicles than Ford per year. For the current year, expectations are high as well.
When did GM become worthless?
The old GM stock stopped trading on the New York Stock Exchange on June 1, 2009, the day that GM filed for bankruptcy. Each share of GM stock became a share in Motors Liquidation. While it was widely reported that the shares were worthless, those shares still traded, then and now, over the counter.
How much does GM still owe the federal government?
GM: repaid $23.1 billion of the $49.5 billion it got from the U.S. Treasury, including all of its outstanding loans. But Treasury still owns 500 million shares, or 32%, of GM stock.
Will General Motors stock go up?
GM trades for six times projected earnings of about $7 a share in both 2022 and 2023, one of the S&P 500 SPX –1.63% index's lowest price/earnings ratios. Its market cap of $60 billion compares with $1 trillion for Tesla (TSLA). “The stock is very attractive.
Is GM a buy hold or sell?
Is GM Stock A Buy, Sell, or Hold? GM is a Hold.
Is GM a buy 2022?
GM stock has plummeted 45% year to date to around $32, even though the company still expects to earn about $7 per share in 2022. Based on General Motors' solid short-term and long-term positioning, GM stock's recent plunge looks like a terrific buying opportunity.
Is General Motors a good stock to buy 2022?
At the current market price of about $39 per share, GM stock trades at just about 5x the mid-point of projected 2022 earnings. Growth is also likely to pick up a bit this year, with revenue rising by about 20% per our estimates.
How much does GM owe the government 2021?
In total, GM received $52 billion from the U.S. government, but only $6.7 billion of this amount was considered a loan. The company already paid back $2 billion, so this $4.7 billion is the last payment. This doesn't mean that “Government Motors” is no more.
Who bailed out GM in 2008?
Bush approves bailout Funds would be made available from the Emergency Economic Stabilization Act of 2008. General Motors would get $9.4 billion, and Chrysler $4 billion.
Who owns GM?
Today, the top three individual GM shareholders are Mary Barra, Mark Reuss and Dan Ammann. Since, being top shareholders, these individuals “own” significant chunks of the company, let's look at them each in-depth. It may seem like a weird question, but did you ever wonder: How big is General Motors?
Why was the Chevrolet Bolt recalled?
Did GM workers in Mexico defeat union?
GM recalled the Chevrolet Bolt EV in 2020 over battery issues. Some vehicles are still catching on fire—and the batteries are made by the same manufacturer that caused Hyundai to recall 76,000 vehicles. Investor's Business Daily • 2 days ago.
