Ford stock shakes off $1.5 billion hit from Novelis fire on news plant will reopen this year

Big Three automaker Ford (F) reported third-quarter results after the bell that topped expectations, but the company projected financial hits due to the aluminum plant fire that impacted Ford's franchise F-150 pickups and SUVs. However news that the plant will re-open early, and the strength of Ford's underlying business before the plant closure, has the stock jumping. Ford said the Novelis aluminum plant fire in New York will result in a 2025 adjusted EBIT headwind of $1.5 billion to $2.0 billion, which ...