Ford Stock Rises After Union Sees Progress

Shares of Ford Motor rose more than 2% Friday after the United Auto Workers union spared the automaker from more walkouts based on progress in contract talks.

“We do want to recognize that Ford is serious about reaching a deal. At GM and Stellantis, it’s a different story,” UAW President Shawn Fain said during a livestream Friday.

For was recently on pace for its biggest one-day percentage gain since June.