27 07, 2023

Union Pacific Gains on Appointment of New CEO Despite Earnings Miss: Should You Buy This Stock?

By |2023-12-07T20:45:09+00:00July 27th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , |

Yesterday in Wednesday’s trading session, Union Pacific (UNP) gained more than 12% after news of the railroad operator's new CEO taking the helm. The buzz over Jim Vena taking the reins of the company managed to steal the spotlight from what ended up being a quarter of underperformance. During the second quarter, the railroad [...]

28 02, 2023

Talks of Leadership Change Send Union Pacific Shares Trading 10% Higher: Is it Worth a Buy?

By |2023-12-07T21:00:31+00:00February 28th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , |

Over the weekend, Union Pacific (UNP) announced that the current CEO Lance Fritz is on his way out, and a leadership change will come by the end of the year. While the railroad company just delivered an impressive Q4 profit, a hedge fund that controls a $1.6b stake in the company publicly lambasted Fritz [...]

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