IPO

General Motors (GM) Returns to Market (Don’t Get Lost in the Pink Sheets!)

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By Jared A Levy MTLQQ – “Motors Liquidation Company” – is the somewhat cumbersome ticker symbol for the entity that was set up to liquidate General Motors’ assets in bankruptcy. It is in no way shape or form connected to the “new GM” that will begin trading later this year.  According to Reuters, this new GM … General Motors (GM) Returns to Market (Don’t Get Lost in the Pink Sheets!)

Tesla (TSLA) Drives onto the Nasdaq

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Shares of Tesla are expected to hit the public stock market today with a $244 million offering. Tesla will be the first American automaker to be listed on a major exchange since Ford Motor, which went public in 1956. But before you get all excited, be sure you do your homework. Keep in mind that Tesla has yet to turn a profit (since its 2003 inception) and is coming to market amidst some serious global economic headwinds, not to mention a very finicky car-buying public.