General Motors (GM) option implied volatility movement amid union contract headlines

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UAW president calls for expanded strike; urges 7000 additional workers to join at noon

September 29, 2023 11:20 AM EDT

UAW president Shawn Fain announced Friday morning that at noon today the UAW strike against Detroits biggest automakers will expand, adding an additional 7,000 workers to the walkout.

Fain stated that despite the UAW's willingness to bargain, Ford and GM have declined to make meaningful advancements during the discussions. Nevertheless, Fain clarified that... More