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Why did GM change it's stock symbol from GM to GMGMQ.PK and what does bankruptcy have to do with stock symbol?
GMGMQ.PK is a "pink sheet" listing. It is a symbol used for very high risk stock.
What will happen to GM stock holders if they file chapter 11 bankrupty?
your stock will go back to 100 dollars
What is the Stock symbol for gm preferred shares?
GM preferred stock symbols are: bgm, rgm, gmw, xgm, gms, hgm and gpm. Good luck!
What happens to your GM stocks if GM filed for bancruptcy?
Your common stock becomes worthless. The value of your shares is zero dollars.
How many times has GM go bankrupt?
General Motors (GM) filed for bankruptcy once, on June 1, 2009. This significant event was part of the company’s restructuring process during the financial crisis, leading to a government bailout and subsequent reorganization. GM emerged from bankruptcy just a few months later, on July 10, 2009, as a new company with a stronger financial foundation.
Can you buy GM common stock?
Yes and no. You cannot but stock in the "New GM" (the company that just came out of bankruptcy), but you can buy stock in the company that was GM (but why would you want to?).
Why did GM change it's stock symbol from GM to GMGMQ.PK and what does bankruptcy have to do with stock symbol?
GMGMQ.PK is a "pink sheet" listing. It is a symbol used for very high risk stock.
Should you sell GM stock prior ot bankruptcy filing?
Yes
How much has GM stock changed in the past year?
"After coming out of bankruptcy, GM stock opened in November 2010 at 34.19 per share. The current value of the stock is 23.79. The value has dropped 10.4 in the course of nine months."
Should you Buy GM stock now?
5/30/09 If you want to lose your money, you have a better chance in Vegas. After GM declare bankruptcy the stockholders are the last to be paid, which mostly likely be nothing. Wait until after the bankruptcy.
When GM emerges from bankruptcy is the old stock still viable or is it worthless?
The bankruptcy court has not yet decided. The latest proposal is for it to be exchanged for warrants. Warrants sometimes have value. They can be traded for stock if the stock reaches a certain value before the warrants expire. However, a bankruptcy judge must approve all the proposals.
What will happen to GM stock holders if they file chapter 11 bankrupty?
your stock will go back to 100 dollars
Will gm stock bought under the ticker symbol gmgmq be automaticlly be transferred to the new stock symbol after the company comes out of bancruptcy?
The short answer is no. The long answer involves the government-controlled bankruptcy.
What are the benefits of investing in GM stock?
Given GM's recent past with bankruptcy people are very skeptical to invest in stock with their company. However, since the recent economic downfall, GM has been making less cars, but making more money and are making quite a turn around. They will be around for many years to come.
What was the stock price of GM stock in November 1966?
What was the stock price of GM stock in November 1966?Read more:What_was_the_stock_price_of_GM_stock_in_November_1966
How much stock does gm own?
GM does not own any stock in Toyota.
GM Stock price in 1984?
GM stock price in 1984 was- $73.9375 a share.
