GM Stock gets Slammed!

Shares of General Motors Corp plunged sharply Friday as concerns mounted about the company's financial health. The stock was down 15% at $5.20 in recent trading as investors awaited news on the company's ongoing talks with Chrysler about a possible merger, while fears rise that GM may not have the cash to handle the current crisis. The stock is trading at its lowest levels since hitting a six-decade low of $ 4.00 two weeks ago!