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General Motors shares jump on Wall Street
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General Motors (GM) stock began trading on Wall Street again Nov. 18, signaling the rebirth of an American corporate icon that collapsed into bankruptcy and was rescued with a $50 billion (¥4.1 trillion) infusion from taxpayers.
The stock rose sharply in its first minutes of buying and selling, going for nearly $36 (¥3,000) per share — almost $3 (¥250) more than the price GM set for the initial public offering. The stock pulled back slightly by early afternoon and closed at $34.19 (¥2,840). It had traded for less than a dollar when the old company filed for bankruptcy last year.
On the floor of the New York Stock Exchange, a crowd jostled around the company's trading post, adorned with its familiar blue-square logo with an underlined "GM." (AP)
ゼネラルモーターズ再上場
米自動車大手ゼネラル・モーターズ（GM）は11月18日、経営破たんから約1年半ぶりに株式を再上場。34.19ドルで取引を終えた。
Shukan ST: December 3, 2010
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