73.2 F
New York
Tuesday, October 3, 2023

Ford stock heads lower after auto maker’s EV business posts loss

Must read


The Case for Free Trade

Pulmonary rehabilitation

Share Me


Ford Motor Co. late Tuesday swung to a quarterly profit and reported a 20% rise in sales, but the stock fell 2% in the extended session as Wall Street seemed to question Ford’s unchanged guidance.

Ford F “delivered a solid quarter while making real progress on our Ford+ growth plan,” Chief Executive Jim Farley said in a call with analysts following results.



Source link

- Advertisement -spot_img

More articles


Please enter your comment!
Please enter your name here

Latest article