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Ford's stock drops 6% in after-hours trading after releasing third-quarter earnings
FFord Motor(F) Business Insider·2024-10-29 09:56

Ford's stock fell 6% in after-hours trading after lowering its profit forecast to $10 billion for 2024.The guidance stems from high costs and low volumes of Ford Pro and Ford Blue models.Ford aims to compete with Chinese EV makers by reducing costs and innovating designs. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a ...