GM and Ford Have a Horrible Day on Wall St.

| понедельник, 28 сентября 2009 г.

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Today the Dow dropped below 9,000 points, its lowest point in five years.

Just as the rest of the market, GM and Ford have been hit hard by the decline. GM's dropped 31 percent and ended the day at $4.76, while Ford dropped 22 percent to $2.08. Yes that means that a single share of Ford stock is currently cheaper than a gallon of gas. Also GM's shares haven't been this low since the 1950's.

When will it all end?



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