Shares of GM fell to their lowest point since June of 1954 on Monday when congress failed to pass a 700 billion dollar bailout plan. GM's market cap fell to $4.8 billion. GM has watch it stock price fall steadily for the last few years now. Just to give an example of how cheap 4.8 billion is --
Woman's cosmetics company Avon has a 17 billion dollar market cap, Ebay has a market cap of 25 billion, Google has a market cap of 129 billion. A company's market cap is the sum of the total shares in the float.
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