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General Motors shares jump on Wall Street return

General Motors shares jump on Wall Street return

The GM IPO could wind up as the largest in history. Earlier this week, GM raised the high end of its initial price range from $29 to $33 and increased the number of shares it was offering from 365 million to 478 million common shares because investor demand was so high. Counting preferred stock issued by the company, the deal's value could top $23 billion.

 

ChinaCache IPO Soars 95% On Nasdaq Debut; Intel Cuts Stake

ChinaCache International Holdings, a provider of Internet content, soared 95% on its Nasdaq trading.

 

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