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Posted: Wednesday, 02 July 2008 4:30PM

GM shares break crucial $10 mark


Shares of General Motors have closed below $10 for the first time since Dwight Eisenhower was president of the United States. The shares have ended the day at $9.98, down 15.1 percent, their lowest since Sept. 13, 1954. Detroit-based General Motors Corp. is suffering from lagging sales and concerns over its cash position.
     




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