When we want to know how a car company is doing, one thing we typically look at is how many cars it's selling. That means Toyota is the largest, General Motors the second, followed by Volkswagen, then down the line. But there are other metrics by which to evaluate how an automaker is doing. That, in the case of publicly-traded companies like GM, is stock price. And the General seems to be doing pretty well.
Following the government bailout and the restructuring of one of America's largest corporations and employers, GM issued its Initial Public Offering in 2010 at $33 per share. Prices have meandered in the years since, but The Detroit News reports that GM's stock has now broken through the $40-per-share mark for the first time since hitting the market over three years ago. That's an all-time high for "New GM." Interestingly, some analysts, including Morgan Stanley, are predicting that the share price will continue to rise to $45 or even $47 per share.

The rise in price reportedly resulted principally from the US Treasury Department approaching complete divestment from the company, selling off the remainder of the 61 percent stake it acquired when it bailed GM out for nearly $50 billion.


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  • 52 Comments
      Seal Rchin
      • 1 Year Ago
      Hey if i could force my neighbors to pay off all my debt my credit score would be higher too. GM=Government Motors
        OptimusPrimeRib
        • 1 Year Ago
        @Seal Rchin
        If I was your neighbor, had a lot of money, and knew that paying off your debt would save hundreds of thousands of jobs and and keep the value of my house from plummeting then I sure would gladly pay it off. Seal Rchin=Dumb Ass
          Seal Rchin
          • 1 Year Ago
          @OptimusPrimeRib
          No the line goes saved and /or created.............next time read Obamanowandforever.com more carefully.
          Cool Disco Dan
          • 1 Year Ago
          @OptimusPrimeRib
          Thank you for your intellectually dishonest doom and gloom liberal talking points.
          Jerry
          • 1 Year Ago
          @OptimusPrimeRib
          brandy sounds stressed.
        • 1 Year Ago
        @Seal Rchin
        [blocked]
          Seal Rchin
          • 1 Year Ago
          You know you talk so much trash here that i am willing to bet that you drive a Corolla because your wife yelled at you for buying a Chevy last time (and not listening to her and her mom) and ending up costing a family a small fortune in repairs.
          brandon
          • 1 Year Ago
          Ok genius, since you want to talk politics, be my guest. Do you vote for a specific political party? If you answer yes, you are an idiot. Go ahead, blast away, genius. Also, I don't represent a large majority of the population. A large majority of the voting population is stupid. Hence the morons that run the country. Or the constant thought that we can just "tax the rich" to fix all our ills. Then when that doesn't work, the fed will buy treasuries with money they don't have and inflate the money supply. I mean clearly that works, just ask Zimbabwe. But hey, it's evident you are a brilliant person, just like most of the AB staffers.
          Smilez1105
          • 1 Year Ago
          Awww Brandon, did someone hurt you? Someday, you'll be big and strong and learn to read. Plus, you won't make assumptions about what people write and then tell them to kill themselves. That, my friend was real classy. What I also fear is that you think you represent a certain class, religion or ANY sector of the population. That would be very scary. Not to mention, I think they would rather you not tell people you're with them. If you think you have what it takes to discuss politics, I'm right here. My guess is that you'll have a hard time coming up with more ways to spell curse words with creative editing skills. Ooooooh, so sneaky! Oh yeah, and what is an "ignorant fonk"?
        • 1 Year Ago
        @Seal Rchin
        [blocked]
          Seal Rchin
          • 1 Year Ago
          Aaron, just be a man already and admit that you own a Toyota and never will own a GM, because you are smarter than that. We all know that you would not recommend a GM product to your brother or a close friend, so why come here and troll for GM. What if someone comes here, reads you comment buys a Chevy and is stuck fixing that car for years and years and years, why would you do something like that to good people. You know, i know and everyone on this blog knows that GM is trash.
          • 1 Year Ago
          [blocked]
          brandon
          • 1 Year Ago
          I guess if I were as dumb as you, I would say you are optiprimedipchit. Billinbuckhead, etc, etc, etc. Genius.
          • 1 Year Ago
          [blocked]
          • 1 Year Ago
          [blocked]
      Big Squid
      • 1 Year Ago
      I'm glad GM rose in value just in time to not pay back the taxpayers.
        • 1 Year Ago
        @Big Squid
        [blocked]
          brandon
          • 1 Year Ago
          Yes, they did pay back the "loaned" money. But they didn't pay back the "taxpayer" for the money that was lost from having to buy into the company and sold at a loss. Do you bother reading anything other than "why do farts smell"?
      Black Dyanmite
      • 1 Year Ago
      GM stock value: $40 Ford stock value: $16 Toyota stock value: $122 BD
        hp
        • 1 Year Ago
        @Black Dyanmite
        Objectively, price per share at a given time is meaningless. Has nothing to do with the fundamentals of the company.
          Black Dyanmite
          • 1 Year Ago
          @hp
          Objectively, Ford needed a flurry of private loans to keep afloat, and GM needed a full government buyout, so we all know they're "fundamentals" are crap. This is a very accurate financial portrait, relative to a company that doesn't need help staying in business..... BD
          Black Dyanmite
          • 1 Year Ago
          @hp
          Actually, Ford was overextended, with several divisions that they bought that they couldn't make a profit with, and had to dump Mercury because of their many poor investments. You don't kill 80 year brands when you are doing well. They were cutting losses. One of many. But as long as you bought their corporate spin, that's all that matters..... BD
          Rick C.
          • 1 Year Ago
          @hp
          I remember Ford even mortgaged the 'BlueOval' trademark to get cash.
        billfrombuckhead
        • 1 Year Ago
        @Black Dyanmite
        Japan has the highest debt per capita in the world from subsidizing it's JapanInc companies like TRDyota http://www.zerohedge.com/news/2012-10-23/mushroom-cloudy-future-2016-japan-net-debt-capita-will-be-140000
          • 1 Year Ago
          @billfrombuckhead
          [blocked]
          brandon
          • 1 Year Ago
          @billfrombuckhead
          You're a moron. They have the highest debt per capita from when the nikki exchange crashed in 89 and then used stimuli, after stimuli to try and fix the "issue". The market needed to correct itself and the Japanese government didn't allow that to happen. Much like our idiot government, backed by idiots like you, are doing in the US today. Don't open your mouth when you don't have a clue what you are talking about.
          brandon
          • 1 Year Ago
          @billfrombuckhead
          They have the highest debt per capita from when the nikki exchange crashed in 89 and then used stimuli, after stimuli to try and fix the "issue". The market needed to correct itself and the Japanese government didn't allow that to happen. Much like our idiot government, backed by people like you, are doing in the US today. Don't open your mouth when you don't have a clue what you are talking about.
        Smilez1105
        • 1 Year Ago
        @Black Dyanmite
        What? Do you want a cookie?
      Bean
      • 1 Year Ago
      Make 189 billion in debt go away and you can do anything!
      i.own.your.ass
      • 1 Year Ago
      Americans must be proud now.....lmao
        Seal Rchin
        • 1 Year Ago
        @i.own.your.ass
        No we are not, we all wanted GM to die so market would only offer safer, reliable and efficient cars. GM makes trash, is trash and was saved by trash for trash to keep existing.
          brandon
          • 1 Year Ago
          @Seal Rchin
          Blake, are you dumb, or just ignorant? The entire industry wouldn't have crashed. The union jobs lost at GM would have been absorbed by Ford and the other OEMs. That's assuming GM was liquidated and sold off, not just ushered in to bankruptcy and had that debt and union contracts restructured. The sad part is you are allowed to vote without having a clue about how economies of scale work.
          • 1 Year Ago
          @Seal Rchin
          [blocked]
          Blake
          • 1 Year Ago
          @Seal Rchin
          Hell yeah I love it when entire industries crash it probably creates tons of jobs somehow!!!!!!!
          Titansfan1967
          • 1 Year Ago
          @Seal Rchin
          You are truly on crack. You must be really disgusted about the Corvette impala and the cts
      Cool Disco Dan
      • 1 Year Ago
      How much of that "worth" is because of no-growth inflation from quantitative easing?
        brandon
        • 1 Year Ago
        @Cool Disco Dan
        Quantitative easing? What are you talking about, that doesn't happen. The fed has never helped the treasury expand the money supply.
      Cruising
      • 1 Year Ago
      Thats a bold statement on that board, I say they are on the right track.
      t_dixon28
      • 1 Year Ago
      It'll be a matter of time, when GM regains it's number one status. Way to go GM.
        Renaurd
        • 1 Year Ago
        @t_dixon28
        It will be quicker than most think, maybe 2014. That's the reason Toyota is trying to rush everything they can to market, throwing big bucks on the hood of the Camry, and selling more cars to fleet than ever.
      h-man
      • 1 Year Ago
      Just wait until the 2015 Colorado hits the streets.
      bootsnchaps60
      • 1 Year Ago
      Time for the US to sell, sell, sell. Opel remains wobbly, GM may shutter Holden, Daewoo churns out classics like the Spark, and the US division remains limited to the truck triplets, the sedan triplets, the Corvette, and the Camaro.
      Titansfan1967
      • 1 Year Ago
      It is about damn time the company has been undervalued since 2011
      cpmanx
      • 1 Year Ago
      The real way to evaluate how a company is doing is to look it its financials (net income, pretax profits, net earnings) and its market capitalization--the total value of its stock. That is what the financial markets have decided the whole company is worth. Market cap is much more meaningful than share price; for instance, when a company does a 2 for 1 stock split its share price suddenly falls by half but its market cap is unchanged. GM's market cap is currently $56 billion. It's interesting to compare that number to the market cap of leading competitors. Ford's market cap is $66 billion. VW's is $120 billion. Toyota's is $194 billion. Fiat: $9 billion.
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