'Old GM' Resumes Trading Under New Symbol (MTLQQ)
Shares of 'Old GM' (OTC: MTLQQ), now known as Motors Liquidation Company, are trading again today under its new stock symbol 'MTLQQ' after being halted on Friday. Shares were being traded under the ticker (OTC: GMGMQ) before the halt and symbol change.
Surprisingly, investors still see value in the stock. MTLQQ is trading at $0.89 after last trading at $1.15 on Friday. Down 22%, but certainly not down and out.
I guess the fun is not over for the 'old GM', despite warnings that trading in the bankrupt company is dangerous for your portfolio and maybe even your health.
Surprisingly, investors still see value in the stock. MTLQQ is trading at $0.89 after last trading at $1.15 on Friday. Down 22%, but certainly not down and out.
I guess the fun is not over for the 'old GM', despite warnings that trading in the bankrupt company is dangerous for your portfolio and maybe even your health.
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