Previous close | 5.43 |
Open | 5.70 |
Bid | 5.30 |
Ask | 5.60 |
Strike | 10.00 |
Expiry date | 2025-01-17 |
Day's range | 5.70 - 5.70 |
Contract range | N/A |
Volume | |
Open interest | 358 |
Tupperware Brands (TUP) officially filed for Chapter 11 bankruptcy on Tuesday, citing macroeconomic headwinds. The United Auto Workers (UAW) union plans to vote on whether to strike against Stellantis (STLA) after alleging the automaker has failed to live up to its 2023 labor contract commitments. All seven of the independent directors on 23andme's (ME) board have resigned as the CEO Anne Wojcicki plans to take the company private. This news comes as the biotech company agreed to pay $30 million to customers affected by a data breach that targeted users of Ashkenazi Jewish and Chinese ancestry. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Luke Carberry Mogan.
A few automakers have hedged their bets in the EV transition by using a shared platform that could accommodate both gas-powered and electrified powertrains, as opposed to dedicated separate platforms for either.
The United Auto Workers union is eying multiple U.S. strikes against French-Italian carmaker Stellantis about a year after a national walkout cost the Detroit Three automakers billions of dollars and idled 50,000 workers. Accusing Stellantis of breaking its contract promises, UAW President Shawn Fain on Tuesday night warned that several union local chapters were laying the groundwork for strikes that could collectively shut down the automaker. The latest UAW threats follow last year's six-week strike that cost Stellantis about 750 million euros ($834.08 million) in profit.