Why Is GM's Stock Taking Off?
General Motors' stock hasn't done well since its post-bankruptcy return to the public markets in 2010. Shares did go up a bit from the General's $33 IPO price, but then they slid sharply, falling below $20 last summer.
Since then, though, GM has put together a nice little rally. In this video, Fool contributor John Rosevear looks at the factors driving GM's recent increase, and at whether this is a blip -- or the beginning of a bull run for America's largest automaker.
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The article Why Is GM's Stock Taking Off? originally appeared on Fool.com.Fool contributor John Rosevear owns shares of Ford and General Motors. The Motley Fool recommends Berkshire Hathaway, Ford, and General Motors and owns shares of Berkshire Hathaway and Ford. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.