Stellantis sues UAW in US federal court over strike threats [CNN]
Stellantis N.V. Common Shares (STLA)
Company Research
Source: CNN
The automaker filed the suit on Thursday asking the US District Court in the Central District of California to declare the decision by UAW Local 230 in Los Angeles to take a strike authorization vote violates terms of the contract reached last fall. Stellantis seeks to hold the UAW and the local union chapter liable for any potential revenue loss and other damages resulting from lost production due to any strike. Ad Feedback On Thursday, a supermajority of UAW members at Stellantis' Los Angeles Parts distribution center voted to request strike authorization if the company and union can't settle a grievance over planned company investments. UAW President Shawn Fain has said the company has violated the contract by backing off investment commitments, but the company argues investments were always subject to market conditions and demand for electric vehicles has slowed since the deal was signed. Ad Feedback “The UAW acted in bad faith by disregarding this language, filing sh
Show less
Read more
Impact Snapshot
Event Time:
STLA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
STLA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
STLA alerts
High impacting Stellantis N.V. Common Shares news events
Weekly update
A roundup of the hottest topics
STLA
News
- Stellantis files lawsuit against UAW over threats to strike [Yahoo! Finance]Yahoo! Finance
- Stellantis sues UAW in US federal court over strike threats [CNN]CNN
- "Doghouse Is Back!": Stellantis CFO Instructs Staff To Take "Drastic Measures" To Conserve Cash [zero hedge]zero hedge
- Stellantis files lawsuit against UAW, claiming union does not have right to authorize mid-contract strike [CBS News]CBS News
- STLA Investors Have Opportunity to Lead Stellantis N.V. Securities Fraud LawsuitPR Newswire
STLA
Sec Filings
- 10/3/24 - Form 6-K
- 9/30/24 - Form 6-K
- 9/23/24 - Form 6-K
- STLA's page on the SEC website