General Motors stock slides after bleak Nov sales
NEW YORK (Reuters) - Shares of General Motors Corp (GM.N) turned negative on Tuesday as the U.S. automaker posted a 41 percent slide in November sales.
As investors digested the company's sales figures its shares slid about 4 percent to $4.38, marking a sharp reversal.
Earlier GM's stock had risen by nearly 9 percent as investors bet Washington would accede to pleas for a $25 billion bailout for the U.S. auto industry.
(Reporting by Ellis Mnyandu, Editing by Chizu Nomiyama)
© Thomson Reuters 2009 All rights reserved
Billionaire Merckle's suicide
