It's looking like GM's IPO is going to be pretty successful. Whether by luck or skill, GM has managed to time the market pretty well. Stock prices are at their highest for quite a while and GM just reported some healthy profits.
Of course we'll have to see whether GM shares turn out to be a good buy in the long run.
A Finance Professor's blog. I am a Professor of Finance in the Poole College of Management at NC State University. My website: https://sites.google.com/ncsu.edu/warr Opinions are my own.
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