Could General Motors’ Stock Rise Again?

GM stock has been delisted, dumped from the Dow, and is pretty much worthless. But with government backing, as they say, even pigs can fly. Indeed, just days after filing for bankruptcy, General Motors Corp. is already plotting a path beyond Chapter 11, including the sale of stranded assets and even an offering of new stock. The principle shareholders of any new GM—the U.S. Treasury, Canada's federal government and the United Auto Workers—are keenly interested in getting GM stock back into circulation. "There ...