Reported 2 months ago
Ford Motor Company's stock has dropped over 20% following a disappointing earnings report for Q2, where net income fell compared to the previous year, and earnings per share missed expectations. The company continues to face challenges, including warranty issues and significant losses in its electric vehicle segment. With a declining forecast for auto sales in the second half of the year, Ford's share price is under pressure, making it a stock to avoid for investors.
Source: YAHOO