GM stock closes at 75 cents

On what was likely to be the last trading day before an all-but-certain bankruptcy filing early next week, General Motors’ stock closed at 75 cents per share, a price not seen since the Great Depression.

At the close of trading, the company, which lists $91.1 billion in assets and $177 billion in liabilities, had a market cap under $458 million, less than one percent of its value at the beginning of the Twenty-First Century.

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