Stuart Benjamin notes that the market capitalization of all of General Motors’ stock has dropped below $5.7 billion. When last week it dropped below $7 billion, CNBC noted:
To put that in even more perspective, GM’s market value is now roughly equivalent to that of tax-preparation provider H&R Block or toy maker Mattel.
Even more humbling for the auto maker, GM’s value is now:
• Half that of cosmetics company Avon
• A third of cruise operator Carnival Cruiselines
• A quarter of Internet media company Yahoo!
• A fifth of online auction house Ebay
• A sixth of retailer Home Depot
• A seventh of biotech firm Amgen‘s league
• An eighth of drugstore chain CVS
• A ninth of fast-food giant McDonald’s