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UP stock surges most since 2009 on news of hiring new COO

(Source: Bloomberg, January 8, 2019)

NEW YORK — Union Pacific Corp. surged the most since 2009 after hiring a protege of railroading legend Hunter Harrison to guide the company’s shift to a new efficiency strategy. Shares rose 9.4 percent to $151.67 at 10:25 a.m. in New York after advancing as much as 10 percent for the biggest intraday gain since April 2009.

Full story: Bloomberg

Wednesday, January 9, 2019

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