Ford’s stock books worst drop since 2008 on warranty ... - MSN

Ford reported a $1.1 billion loss in its electric-vehicle business, dragging the company’s profit well below Wall Street’s forecast Wednesday. Shares of Ford lost 18.4% on Thursday in what ...

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Ford’s Stock Books Worst Drop Since 2008 On Warranty ... - MSN

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Ford reported a $1.1 billion loss in its electric-vehicle business, dragging the company’s profit well below Wall Street’s forecast Wednesday. Shares of Ford lost 18.4% on Thursday in what ...

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Ford Stock Had Its Worst Day Since 2008. What Everyone Got So

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The stock took the brunt of the frustration. When Thursday’s closing bell rang, shares were 18.4%—at $11.16. It was the worst drop since Nov. 18, 2008, when shares dropped 25%. The …

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Ford Shares Post Worst Day Since 2008, Leading Autos Rout After

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Ford closed Thursday at $11.16, down by 18.4% — marking the stock's worst daily decline since 2008 and the second-worst performer of S&P 500 companies.

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Ford Stock Plunges Almost 20% On Earnings - 24/7 Wall St.

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Jul 26, 2024 · Ford Motor Co. stock retreated nearly 20% following its earnings report. High warranty expenses and losses on EVs troubled investors. Also: 2 Dividend Legends to Hold …

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Ford Falls Most In 15 Years As Warranty Costs Erode Profit

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Jul 24, 2024 · Recurring quality problems have driven up Ford’s warranty costs for years, but an $800 million spike in the second quarter caught investors by surprise. ... Shares of the …

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Ford Stock Plunges Nearly 20% In Worst Day Since 2008, Following …

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The stock fell 18.4%, to $11.16, its worst day since 2008. The company’s traditional car business, Ford Blue, brought in an operating profit of $1.2 billion – better than this year’s first ...

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Here’s What Is Pushing Ford’s Stock To Its Worst Showing In 4 Years

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1 day ago · Ford’s stock F fell more than 7% to end at its lowest since Jan. 8, 2021, when it closed at $9. The stock suffered its worst one-day percentage drop since an 8.4% decline on …

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Ford Plummets 18% After Big 2nd-quarter Earnings Miss - MSN

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The downbeat quarter was driven by high warranty costs and a $1.14 billion loss in its EV division. The stock tumbled 18% on Thursday, its worst drop since 2008.

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Ford (F) Struggles With Warranty Costs As Shares Drop 18.5% - MSN

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We recently published a list of Jim Cramer Discussed These 29 Stocks Ahead Of Major AI Event. In this article, we are going to take a look at where Ford Motor Company (NYSE:F) stands …

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Ford Stock Drops After Earnings. The 1 Number Worrying Wall …

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Ford shares dropped 18% in response. It was the worst one-day drop since Nov. 18, 2008, when shares plunged 25%. Shares aren’t down as much this time around.

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Here’s What Is Pushing Ford’s Stock To Its Worst Showing In 4

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Ford’s stock fell more than 6%, poised to end at its lowest since Jan. 11, 2021, when it closed at $9.30. The stock was suffering its worst one-day percentage drop since an 8.4% decline on …

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FAQs about Ford’s stock books worst drop since 2008 on warranty ... - MSN Coupon?

Why did Ford stock go down?

Shares of Ford closed Thursday at $11.16, down by 18.4% — marking the stock's worst daily decline since 2008 and the second-worst performer of S&P 500 companies — after the company missed Wall Street's bottom-line earnings expectations due to warranty problems, a recurring issue with the company. ...

Why did Ford stock drop 18%?

Higher warranty costs led to the unpleasant surprise. They rose about $800 million compared with the first quarter, putting them at about $2 billion, or 4% of sales—very high for a car company. Ford shares dropped 18% in response. It was the worst one-day drop since Nov. 18, 2008, when shares plunged 25%. ...

Why did Ford stock fall 20%?

F ord plunged nearly 20% on Thursday after the company missed Wall Street’s profit estimates — leading to the worst single-day stock decline for the automotive giant in nearly two decades. ...

Why did Ford miss earnings estimates?

It caused Ford to badly miss Wall Street estimates for adjusted earnings per share, touching off a stock plunge in after-hours trading. Warranty and recall costs last quarter, the company said, totaled $2.3 billion, $800 million more than the first quarter and $700 million more than a year ago. ...

How much have Ford shares lost in the past 12 months?

Shares of Ford have lost 22% in the past 12 months, contrasting with gains of about 23% for the S&P 500 index in the same period. Ford Motor Co. shares extended their slide Thursday as the carmaker’s soft outlook for this year spooked Wall Street. ...

Did Ford's commercial business overcome higher warranty costs?

Ford’s commercial business couldn’t overcome higher warranty costs. The stock was taking it on the chin. Wednesday evening, Ford announced Wednesday evening a second-quarter operating profit of $2.8 billion, down 26% from $3.8 billion reported in the second quarter of 2023. Wall Street was looking for $3.7 billion, according to FactSet. ...