Ford Motor Co.’s shares have declined more than 7% due to the company’s weaker-than-expected outlook for this year. This has left Wall Street worried, causing its stock to slide further.
According to reports, Ford’s soft outlook has led to a significant decline in investor confidence, resulting in the extended drop in the company’s share price. As a result, the carmaker’s stock is now facing its worst performance in four years.
Source: https://www.marketwatch.com/story/heres-what-is-pushing-fords-stock-to-its-worst-showing-in-4-years-f3fa3826