investing

Where Are the Losers of This Successful GM IPO?

GM is a hallmark of the US industry and economy. It is one of the biggest companies. Many people probably thought that they had invested their savings in a good way by buying stock or bonds of this company. How wrong could you be by investing in an American icon?

 

GM has now the 2nd biggest IPO in the US history. But GM was also that company that went bankrupt, or whatever term was used a while ago. Didn’t a lot of people lose a lot of money then? Didn’t people lose their savings? How would they feel now?