UPDATE 6-GM shares hit post-IPO low, oil risk trumps profit

Newswire

* Shares close down 4.5 pct, after dip below IPO level * 2010 profit $4.7 bln, highest since 1999 * European loss, higher costs weigh on Q4 results * GM to pay hourly workers over $200 mln in bonuses (Adds closing share prices, detail on comparison with Ford, analyst comments) By Kevin Krolicki and Bernie Woodall DETROIT, Feb 24 (Reuters) - General Motors Co posted fourth-quarter results that topped Wall Street expectations, but its shares fell below their IPO price as investor ...

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