What Is the Market History for General Motors Stock?


Quick Answer

General Motors went public on November 18, 2010, as stated on the company's website. The initial public offering asked $33 per share. As of January 2016, traders can buy and sell GM stock on the New York Stock Exchange under the symbol GM and the Toronto Stock Exchange under the symbol GMM.

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Full Answer

General Motors has been paying dividends since January 14, 2014, according to GM.com. The initial dividend was $0.30 per share and is $0.36 in January 2016. The company pays dividends and announces earnings on a quarterly basis. GM's fiscal year overlaps with the calendar year, meaning that it ends on December 31.

Although the stock experienced high liquidity after the initial public offering, its trade volume dropped drastically after two days, as seen on Nasdaq.com. The stock retained the low volume but experienced brief spikes in February 2011, December 2012, December 2013, June 2014 and July 2015.

The stock experienced drastic value reductions in December 2011 and June 2012, to $19 and $19.70, respectively, Nasdaq.com shows. The stock reached an all-time high of $41.85 on December 1, 2013. The rise to $41.85 began after the huge drop of June 2012, and the time period generally showed upward movement for the stock, with brief interruptions in February 2012, June 2013 and August 2013.

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