How Much Is GM Worth?
Slatereaders try to predict the price of a share of GM stock.
Sometime this fall, you will be able to buy stock again in General Motors. Right now you—meaning the American taxpayer—own about three-fifths of GM. When GM returns to the stock exchange, you—meaning a private investor—will be able to purchase shares in GM. And for a few weeks leading up to its initial public offering, we're asking you—meaning Slate readers—to predict how much a share of GM's stock will be worth at the end of its first day back. To help you crunch the numbers, here are several hundred pages from the former Largest Carmaker in the World, explaining its plans.
Details: The number we're looking for is GM's closing share price on its first day of trading. Whole numbers only—we'll round up or down depending on the closing price. This poll has closed. Please check back for results.