STEVE INSKEEP, host: NPR's business news starts with a General Motors IPO.</s>STEVE INSKEEP, host: Investors are awaiting the big public offering of General Motors stock on Thursday. And apparently demand is so high for a piece of the restructured and newly profitable carmaker that GM is planning to raise the share price. It was going to be around $29, now it goes up to $32.</s>STEVE INSKEEP, host: GM also may sell more stock than originally intended. This sale is critical to GM and to the U.S. government, which is hoping to recover part of its $50 billion investment in the company.
Investors are awaiting the big public offering of General Motors stock Thursday. And apparently demand is so high for a piece of the restructured — and newly profitable carmaker — that GM is planning to raise the share price to about $32.