Why Shares of BorgWarner Are Up Today

Shares of auto-industry supplier BorgWarner (NYSE: BWA) were rising on Monday amid a broad-based rally as investors saw signs that the economic impact of the coronavirus pandemic might not be quite as severe as feared. 

As of 1:30 p.m. EDT today, BorgWarner's shares were up about 14.5% from Friday's closing price. 

Image source: BorgWarner.

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Source Fool.com