US stocks jump on GM IPO | Fee-Only Financial Planners Long Island

US stocks jump on GM IPO

Hannah Kuchlerin

“It’s quite fascinating that GM was able to raise such a large amount of money,” said Steven Roge, portfolio manager at RW Roge & Co. “The market is just itching to get money invested. When the Treasury yield is 1 to 2 per cent people want something with the potential to grow over time and distribute dividends.”

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