Previous close | 1.1500 |
Open | 1.1500 |
Bid | 0.2500 |
Ask | 0.4000 |
Strike | 67.50 |
Expiry date | 2024-01-19 |
Day's range | 1.1500 - 1.1500 |
Contract range | N/A |
Volume | |
Open interest | 1.53k |
Auto workers officially went on strike after failing to reach a new contract agreement with Big Three automakers Ford (F), General Motors (GM), and Stellantis (STLA), before the Thursday deadline.The United Auto Workers union conducted a stand-up style strike, simultaneously picketing at three different plants: General Motors' Wentzville, Missouri facility; Ford's Michigan Final Assembly & Paint Plant; and the Stellantis Assembly Plant in Toledo, Ohio. Approximately 13,000 workers are reportedly taking part in this strike that analysts predict could go on for over a month.Yahoo Finance's Pras Subramanian and Rick Newman discuss how this strike could impact the automotive industry, dynamics among non-unionized auto workers, and its potential effects on auto parts suppliers and used car retailers.
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Shares of electric vehicle (EV) start-up Fisker (NYSE: FSR) jumped as much as 5% Monday morning as investors digested new updates from the company. Fisker started delivering vehicles in several European countries as well as the U.S. in the second quarter. Late last week, the EV company said its cumulative production has now been more than 3,100 units.