Why EveryWare Global (EVRY) Stock Is Spiking Today

NEW YORK (TheStreet) -- EveryWare Global (EVRY) shares jumped 25.3% to $3.52 on heavy volume Monday after the company reached a deal with its hourly workers that will reduce operating costs at the tabletop and food preparation products manufacturer's Lancaster, OH plant.

Employees at its Monaca, PA facility -- where the company temporarily furloughed 400 employees in May for three weeks -- rejected a similar proposal.

Some 4.4 million shares of the company have been traded so far today, nearly 10 times more than the company's three month daily average.

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