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GM Stock Rises Above Closing Price From First Day

gm e1290199200215 GM Stock Rises Above Closing Price From First DayGeneral Motors’ stock bounced back from an early slide on Friday to close just above Thursday’s closing price.

The automaker’s stock closed at $34.26, up 7 cents, or 0.2 percent.

The stock fell $1.08 to $33.11 in the first-half hour of trade Friday before investors started buying again, gradually driving it back toward Thursday’s closing price of $34.19.

The stock was traded more than 100 million times, less than one-quarter of the volume traded on Thursday.
   
(Copyright 2010 by The Associated Press.  All Rights Reserved.)

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