Shares of Ford Motor Co. were hit hard Monday by UBS analyst Patrick Hummel’s recommendation that investors sell, as the auto industry is facing a worrisome U-turn from undersupply to Read more
Tag: oversupply
Ford stock is now a ‘sell’ at UBS as an oversupply problem looms
Shares of Ford Motor Co. were hit hard Monday by UBS analyst Patrick Hummel’s recommendation that investors sell, as the auto industry is facing a worrisome U-turn from undersupply to Read more
Micron cuts capital spending to stem oversupply cycle; shares flat after hours
Micron Technology Inc. shares were flat in the extended session Thursday after the memory-chip maker said it was taking steps to emerge from a current downcycle in market by scaling Read more