Ford Motor Company SUFFERS $7b loss overnight 📉 #shorts

Ford Motor Company shareholders experienced their worst day in more than 11 years on Tuesday.

The stock finished trading at $13.09 per share, representing a loss of 12.3%.

These losses are a direct result of the automaker pre-releasing a portion of its earnings report for the third quarter and warning investors of an unanticipated one-billion-dollar expense from suppliers.

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#ford #fordmustang #fordbronco

Source:
https://www.cnbc.com/2022/09/20/ford-stock-on-pace-for-worst-day-in-more-than-11-years.html

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