I've heard the same question time and again here on the floor of the NYSE. Can GM keep it going?
Stocks soared at the open and kept climbing on Thursday, lifted by the successful launch of General Motors, which opened at above $35 a share—higher than its initial price of $33 a share. What is the outlook for the automaker? David Silver, equity research analyst at Wall Street Strategies, shared his insights.
See what's happening, who's talking and what will be making headlines on Thursday's Squawk on the Street.
There’s more than one way to trade this IPO.
There is still a way to make money on this stock, Cramer said.
Nissan CEO Carlos Ghosn told CNBC Wednesday that he is happy that GM is back, on the day that the American auto giant was staging its IPO.
If the new General Motors is to succeed, the people who work there, from the executive suite to the factory floor, must have a clear understanding of what happened at the old GM. The company failed because its convoluted culture bred decades of bad decisions.
But there still ways for the everyman to play it.
I was warned that Marchionne doesn't "do" interviews in the traditional sense. You have to ambush him, but he always knows you're coming. So me and my crew stood guard on the red carpet outside the brand new Motor Village of Los Angeles to await his arrival. We waited. And waited.
Unless stock markets move sharply this afternoon, GM shares are likely to be priced at $33 apiece later Wednesday—the top of their announced range—as part of the company’s IPO, according to people with knowledge of the matter.
General Motors will return to the public market this week in what is expected to be the largest IPO in US history, and Mike Jackson, CEO of AutoNation, told CNBC the automaker’s comeback will be a transformative moment for the industry.
Here are the opinions of four drivers all living in America's heartland and one Chevy dealer in Indiana. They gave their views on what was once considered the country's greatest brand.
General Motors’ stock offering is a milestone, but Washington is still contending with other costly rescues, the New York Times reports.
Yes, these are great days for the Big 3. And what's even more encouraging for those who work for the Big 3 or are invested in those automakers is that this renaissance for Detroit is just beginning.
See what's happening, who's talking and what will be making headlines on Wednesday's Squawk on the Street.
General Motors set the terms of its initial public offering Wednesday, boosting shares on offer as expected in what could be the largest US IPO ever.
As General Motors emerges from bankruptcy, does its reputation remain bankrupt? Five people interviewed by CNBC share their views.
How did G.M. become one of the greatest turnaround stories, at the moment at least, in history? The New York Times reports.
To get an idea of which GM models are the most iconic, Karl Brauer, Senior Analyst & Editor-at-Large at Edmunds.com listed his top picks.
General Motors increased the size of its convertible preferred stock offering by $1 billion Tuesday, strengthening the automaker's balance sheet as the U.S. government attempts to break even on its controversial investment.