Runup to UAW Strike Slashed Ford, GM Market Values by $20 Billion

In the runup to the United Auto Workers strike, shareholders shaved $20 billion off the market values of General Motors Co. and Ford Motor Co., and more pain is looming for the stocks as the walkout creates uncertainty and potentially pushes up wages. #press

https://www.bloomberg.com/news/articles/2023-09-15/runup-to-strike-slashed-ford-gm-market-values-by-20-billion?utm_source=press.coop

Reply to this note

Please Login to reply.

Discussion

No replies yet.