M&T Bank Corp Sells 452,215 Shares of Union Pacific Corporation $UNP

M&T Bank Corp significantly reduced its stake in Union Pacific Corporation by selling 452,215 shares, leading its total holdings to 18,904 shares, valued at $4.37 million. This move comes as other institutional investors have either increased their positions or initiated new ones in the railroad operator. The article also highlights recent positive sentiment surrounding Union Pacific due to strong Q1 earnings, analyst upgrades, and potential merger developments, alongside concerns about rising fuel costs and regulatory risks.

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