GM stock falls below $1, lowest trade since 1933 as Chapter 11 filing appears likely

NEW YORK — Shares of General Motors Corp. fell below $1 on Friday for the first time in 76 years as the struggling automaker approached a government-imposed restructuring deadline and a likely filing for Chapter 11 bankruptcy protection.

General Motors plans reverse stock split,

DETROIT — General Motors Corp. notified shareholders Tuesday it is planning a reverse stock split that would give them one share of new stock for every 100 shares they currently own.

General Motors may seek reverse stock split, swapping 1 share for every 100 from stockholders

DETROIT — General Motors Corp. says it may offer current shareholders a reverse stock split that would give them one share of new stock for every 100 shares they currently own.