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GM Jan 2025 33.000 put
| Previous close | 4.6000 |
| Open | 4.5000 |
| Bid | 4.3500 |
| Ask | 4.5000 |
| Strike | 33.00 |
| Expiry date | 2025-01-17 |
| Day's range | 4.5000 - 4.5000 |
| Contract range | N/A |
| Volume | |
| Open interest | 22.11k |
- Yahoo Finance Video
Prolonged UAW strike could prove to be a horror show for EVs
Auto workers expanded their ongoing strike against Detroit's Big Three automakers this morning, targeting Ford (F) and General Motors (GM). The United Auto Workers (UAW) union extended picket lines to two additional plants, with President Shawn Fain calling on nearly 7,000 more workers to join the walkout. Stellantis (STLA) is being spared as Fain indicates positive movement in labor negotiations. Wedbush Managing Director Dan Ives views the negative implications a prolonged strike could have on the EV market as a driving force in the movement. "And for the Street, it's not about the next quarter or two, it's about what this does to the EV strategy," Ives tells Yahoo Finance, adding: "It's which poison do you pick? Because, if they accept this deal, GM and Ford... I believe this would significantly impair their EV strategy for decades to come." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Yahoo Finance4 Republican myths about green energy
Republicans claim everybody will soon have to drive a Chinese-made electric vehicle they don't want. Um, no.
- Investing.com
UAW expands strikes at Ford, GM assembly plants; Stellantis spared
Investing.com -- The United Auto Workers will expand strikes at plants owned by Ford Motor Company (NYSE:F) and General Motors Company (NYSE:GM) on Friday as the union says not enough progress has been made in labor contract negotiations.
