Wabtec: Billion-Dollar Deal for Green Locomotives Fuels Massive Trading Volume
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A landmark framework agreement with Union Pacific leads to a share price jump of +8.4% under significant volume increase. The technological leadership in decarbonizing rail transport ensures Wabtec long-term market share in a growth market. Analysts from Rothschild and Jefferies have recently expressed positive views on Wabtec's future prospects. Wabtec, officially known as Westinghouse Air Brake Technologies Corp., operates as a global player in rail infrastructure and transport solutions. The company’s portfolio ranges from state-of-the-art...
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