- M. Stanley Looks to Sell China Investment Bank Stake
- Fed's Bullard: Tighten Only When Recovery's 'Solid'
- Ida Downgraded to Category 1 Hurricane
- Kraft to Formalize Hostile Cadbury Bid on Monday
- GE, Comcast Agree on NBC Universal Valuation
- Hottest Zip Codes for Home Prices
- US Home Values Follow Sales Higher, For Some
- China Urges US to Control Deficit to Stabilize Dollar
- US Health Care Reforms Face Tough Path in Senate
- Tamminen: Why Does Oklahoma Want To Drown New York?
- Food Network, HGTV Drive Scripps Networks' Upside Surprise
- Tommy Lee, Medical Tourism and Nasty Santa, Your Emails
- U.S. Markets Gain 3% for the Week Despite 10.2% Unemployment
- Disney's 'Carol' Tests Widest 3-D Release Ever
- Stimulus II? Jobs Tax Credit=Cash For Clunkers
- Rockwell Automation Earnings: What Options Are Saying
- Gold Will Touch Higher Lows and Higher Highs: Analyst
- Is Misery Alive And Well in Your Office?
MOST SHARED
- Sweeping Health Care Overhaul Bill Passes House
- US Becomes Top Country Brand Under Obama: Survey
- BofA Board in Civil War Over Lewis' Succesor
- Framed for Porn – By a PC Virus
- Kraft to Formalize Hostile Cadbury Bid on Monday
- What Stocks to Buy Amid Health Care Overhaul: Strategist
- Obama Delays Start of Asia Trip to Attend Memorial
- GE, Comcast Agree on NBC Universal Valuation
Text Size 
 |
AP |
How the mighty have fallen.
At one time, General Motors was considered the pre-eminent US corporation, a giant among giants.
But now, on news that Goldman Sachs reduced the company's rating to "sell", GM's shares [GM
Loading...
()
] have plummeted to less than $12, the lowest level since 1955.
That means the world's largest auto maker has a stock market value of only about $7 billion. That compares with a market cap of about $56 billion in 2000, when the stock was at its all-time high of $94.62 a share.
To put that in even more perspective, GM's market value is now roughly equivalent to that of tax-preparation provider H&R Block [HRB
Loading...
()
] or toy maker Mattel [MAT
Loading...
()
].
Even more humbling for the auto maker, GM's value is now:
- Half that of cosmetics company Avon [AVP
Loading...
()
]
- A third of cruise operator Carnival Cruiselines [CCL
Loading...
()
]
- A quarter of Internet media company Yahoo! [YHOO
Loading...
()
]
- A fifth of online auction house Ebay [EBAY
Loading...
()
]
- A sixth of retailer Home Depot [HD
Loading...
()
]
- A seventh of biotech firm Amgen's [AMGN
Loading...
()
] league
- An eighth of drugstore chain CVS [CVS
Loading...
()
]
- A ninth of fast-food giant McDonald's [MCD
Loading...
()
]
Last, but not least, GM is now 1/66th the size of fellow Dow component Exxon. [XOM
Loading...
()
]
Print
Email
- Rumors abound that Oprah will leave her show to start a new network. What would this mean for daytime TV?
- A private equity specialist sponsored a stand-up comedy troupe in New York to prove that CEOs can, in fact, be funny.
- Cramer did the research and found eight stocks that lead the pack. Read on to get his top picks.
- Did Hideki Matsui’s performance make it more likely that the Yankees will pay to have him back?
- Which wines should you bring—or serve—with holiday meals this year? Ask a connoisseur.
- Two competitors in this year’s World Series of Poker in Las Vegas have stories fit for Hollywood.
Data is a real-time snapshot *Data is delayed at least 15 minutes