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Stocks making the biggest moves after hours: Ford, GM, Cognex

Jeff Lincoln September 20, 2022

A Ford Bronco car or truck on a demonstrative study course during the Motor Bella Vehicle Present in Pontiac, Michigan, U.S. on Tuesday, Sept. 21, 2021.

Emily Elconin | Bloomberg | Getty Images

In this article are the shares producing noteworthy moves in prolonged trading:

Ford — Shares fell about 3.8% publish market Monday immediately after the automaker informed investors it observed a $1 billion raise in source chain expenditures throughout the 3rd quarter. Ford reiterated its comprehensive-yr assistance for modified earnings before curiosity and taxes.

Shares of Rivian and other EV start-ups tank amid stock sell-offRead more

Normal Motors — Shares dropped 2% pursuing the announcement from Ford that its supply chain expenditures had been about $1 billion extra than predicted.

Cognex — Shares of the machine eyesight business jumped additional than 7% in prolonged investing following Cognex elevated its income direction for the third quarter. Cognex claimed it now expects profits involving $195 million and $205 million, up from a prior selection of $180 million to $190 million, owing to more quickly-than-predicted demand success.

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Jeff Lincoln

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