Why Are General Motors And Ford Shares Trading Lower Today

What To Know: Stellantis has revised its adjusted operating margin expectations to a range of 5.5%–7.0%, a drop from the double-digit growth previously forecasted. Additionally, the company now anticipates industrial free cash flow for fiscal 2024 to fall between negative €5 billion and negative €10 billion, reversing its earlier positive outlook.

GM And F Price Action: General Motors shares were down by 2.61% at $44.80 and Ford shares were down by 2.41% at $10.52 at the time of writing, according to Benzinga Pro.

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