GM’s stock closes below IPO price for first time since October 2020
Mary Barra, Chair and CEO of the General Motors Company (GM), speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 2, 2022.Patrick T. Fallon | AFP | Getty ImagesDETROIT – Shares of General Motors on Monday closed below the post-bankrupt automaker's $33 initial public offering price for the first time since October 2020.Amid a broad market sell-off that also pushed Ford Motor and Chrysler-parent Stellantis to new 52-week lows, GM's stock closed at $32.28 a share, down by 7.8%. Shares of…