Ebang International Holdings Inc
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Information Technology : Technology Hardware, Storage & Peripherals | Small Cap Blend
Based in China
Company profile

Ebang International Holdings Inc is a China-based holding company principally involved in Application Specific Integrated Circuit (ASIC) chip design and the manufacture and sales of Bitcoin mining machines. The Company also provides telecommunication products and management and maintenance services. The Company conducts its businesses in Mainland China, Hong Kong, the United States and other countries.

Closing Price
Day's Change
-0.17 (-2.60%)
B/A Size
Day's High
Day's Low
(Heavy Day)

10-day average volume:

Caterpillar's stock rally after 'tentative' agreement with UAW adds more than 60 points to the Dow's price

12:57 pm ET March 1, 2023 (MarketWatch)

Shares of Caterpillar Inc. (CAT) climbed 4.2% in midday trading Wednesday, enough to lead the Dow Jones Industrial Average's gainers, after the construction- and mining-equipment maker said it reached a six-year "tentative labor agreement" with the United Autoworkers (UAW) union. The stock's $9.94 price gain added about 66 points to the Dow's price, while the Dow advanced 68 points, or 0.2%. "The union will schedule a ratification vote soon, and we will communicate the date," Caterpillar said in a statement. "The current agreement will be extended until the voting is complete." The tentative agreement comes as the "Central Labor Agreement" expired on March 1. In Caterpillar's 2022 annual report filed in mid-February, the company said there were approximately 7,980 hourly employees in the U.S. who were covered by labor unions. The company had 109,100 full-time employees as of Dec. 31. Caterpillar's stock has now gained 5.9% over the past three months while the Dow has lost 4.9%.

-Tomi Kilgore


(END) Dow Jones Newswires

March 01, 2023 12:57 ET (17:57 GMT)

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