Ford Stock Falls on Gloomy Revenue Forecast
FFord Motor(F) Schaeffers Investment Research·2024-10-29 22:18

Ford Motor Co (NYSE:F) stock is lower Tuesday, after the automobile manufacturer issued full-year guidance that was at the low end of its previous range, amid softening demand, rising inventory, and worries surrounding the viability of cost-cutting measures. Meanwhile, the company's third-quarter results were in line with expectations. At last glance, F was down 9.7% at $10.27 to trade near a floor that saved its early September pullback. The equity is pacing for its worst single-session percentage loss sin ...