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DETROIT (AP) -- General Motors Corp. posted a $6 billion first-quarter loss and said it spent $10.2 billion more cash than it took in during the first three months of the year as revenue plummeted by $20 billion.
Originally posted by Make Speed Limit 45
This is amazing. Why didn't the stock sink by 99% last week when this news came out.? Right now GM has 610 million shares outstanding so 60 Billion is a hundred times as much!!!!