Ford reports $1.7 billion quarterly loss

Ford reports $1.7 billion quarterly loss

Ford’s shares plunged 9.4% in after-hours trading, shaving more than $3 billion off the company’s value, after the automaker announced that they had lost $1.67 billion during the fourth quarter and missed Wall Street earnings expectations. Revenue in the quarter fell 5% to $39.7 billion, above the $36.5 billion Wall Street had expected.

KCooper
KCooper
Fin
Fin 2 months

That can't be correct per the kings misstatements of the union speech

Vijay
Vijay 2 months

Of

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