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Company News for Jul 6, 2022

Zacks Equity Research
·1-min read

  • Ford Motor Co.’s F shares dropped 1.1% after the company’s second-quarter vehicle sales missed market’s expectations.

  • Shares of Stellantis N.V. STLA tumbled 5.6% following a Union report that its Italy-based production facility could produce 220,00 less vehicles this year  due to shortage of chipsets.

  • AstraZeneca PLC’s AZN shares fell 0.7% following the company’s decision to acquire TeneoTwo for a consideration up to $1.27 billion.

  • Shares of Chevron Corp. CVX declined 2.6% following a fall in WTI crude oil prices below $100 per barrel.  


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