Company Of The Day: Ford
Ford (NYSE:F) indicated that it would suspend production at its Flat Rock Assembly Plant in Michigan next week, due to the semiconductor shortage. The plant builds the company’s Mustang vehicle.
This indicates that Ford is continuing to face uncertainty due to the semiconductor shortage, which began in late 2020. F stock remains down by about 22% year-to-date in 2022.
See Our Complete Analysis For Ford
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