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Stock impact report

Sherrone Moore firing by Michigan accelerates what seemed inevitable [USA TODAY]

United Microelectronics Corporation (NEW) (UMC) 
US:NYSE Investor Relations: umc.com/english/investors/index.asp
Company Research Source: USA TODAY
Detroit Free Press Dec. 10, 2025 Updated Dec. 11, 2025, 6:51 a.m. ET Hear this story I can't say that I'm surprised. The rumors have been swirling for a while. Reporters were chasing it. Then, the news broke when an email arrived on Wednesday, Dec.10, from the Michigan athletic department: “ U-M head football coach Sherrone Moore has been terminated , with cause, effective immediately,” according to a statement attributed to Michigan athletic director Warde Manuel. “Following a University investigation, credible evidence was found that Coach Moore engaged in an inappropriate relationship with a staff member. This conduct constitutes a clear violation of University policy, and U-M maintains zero tolerance for such behavior.” So, while it seems stunning and surprising – for the news to pop on what seems like a random day in December, a week after the early signing period and three days after the Wolverines found out their bowl berth – it's not surprising to many. MORE: Sh Show less Read more
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