Ford Stock Rises After Union Sees Progress
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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.