Ford Shares Fall 14% After Earnings Miss Projections
FFord Motor(F) Forbes·2024-07-25 21:22

ToplineFord reported second-quarter earnings that fell short of analyst expectations, causing the automaker’s shares to dip 14% on Thursday toward the company’s worst loss in nine months and erasing gains for the year, as other automotive stocks tumbled.TKTKCopyright 2024 The Associated Press. All rights reserved Key FactsFord’s shares fell below 12asofaround9:20a.m.inpremarkettrading,whichwouldpacethecompanysworstdaysinceOct.27,whensharesfell1212 as of around 9:20 a.m. in premarket trading, which would pace the company’s worst day since Oct. 27, when shares fell 12% to under 10 after Ford cautioned abo ...