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GM Stock Price Rises

GM Stock Price Rises - General Motors(GM_) shares finished $1.19 above their IPO price Thursday, rising 3.6% to $34.19.

GM was delisted by the NYSE a year and a half ago after filing for bankruptcy protection. It retained its well-known ticker symbol of GM.

The shares hit an intraday high of $35.99.

GM CEO Dan Akerson rang the opening bell at the NYSE Thursday morning, except the sound wasn't a bell. Viewers heard the sound of a Chevrolet Camaro engine starting up instead.

During a morning interview with CNBC, Akerson noted that GM plans to produce more fuel-efficient cars. In fact, he is scheduled to make an announcement related to energy and environmental sustainability during a media conference call this afternoon.

GM Stock Price Rises

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