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NewsBreak: GM Jumps as Tentative Strike Deal Reached - Reports

NewsBreak: GM Jumps as Tentative Strike Deal Reached - Reports

Oct 16, 2019

Back Stock Market

General Motors (NYSE:GM) rose in midday trade on Wednesday after reports it had reached a tentative agreement with the United Automobile Workers union, ending a 31 day strike.

  • The strike cost the automaker about $2 billion

  • The final details of the deal remain unknown.

  • GM (NYSE:GM) jumped 2.5% after the news.

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