Thursday, February 2, 2023

GM and Ford shares fall after UBS downgrades on expectations for weakening demand

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  • UBS on Monday downgraded shares of General Motors and Ford Motor, sending the stocks tumbling to begin the week.
  • Shares of both GM and Ford were down Monday morning by more than 7%.

— CNBC’s Michael Bloom contributed to this report.

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Disclaimer: This story is generated from RSS Feed and has not been created or edited by Waba News. Publisher: CNBC

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