Apr 21, 2009 -
Five Weeks
AR Index 441.37 -35.92 (-7.53%)
Stocks of individual interest
Toyota 75.79 -2.92
GM 1.66 -0.05
Ford 3.69 -0.57
Dow 7841.73 -216.08 (-2.68%)
About five weeks to go until the deadline for GM to come up with a plan for restructuring and investors are reacting to the uncertainty just as you might expect by staying away from GM stock.
Just looking at that chart of GM's share price over the last year lets you know that something has to change and change soon. I've said it before and I'll say it again... GM isn't going away, but it's not going to be the GM that we once knew. Leaner and meaner will be the order of the day.
