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What's Going On With Ford Shares Tuesday?

Ford Motor Company F shares were trading lower Tuesday but have since reversed and begun trading higher after the company suspended its financial guidance.

The Details: Ford announced Monday that it is suspending its guidance due to tariff-related uncertainty.

The company, in its letter to shareholders, stated, “Given material near-term risks, especially the potential for industrywide supply chain disruption impacting production, the potential for future or increased tariffs in the U.S., changes in the implementation of tariffs including tariff offsets, retaliatory tariffs and other restrictions by other governments and the potential related market impacts, and finally policy uncertainties associated with tax and emissions policy, the company is suspending guidance.”

Ford had expected an adjusted EBIT of $7 billion to $8.5 billion, excluding new tariff-related impacts.

See Also: Super Micro Computer Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

F Price Action: At the time of publication, Ford stock is trading 3.39% higher at $10.52, according to data from Benzinga Pro.

Image: via Shutterstock

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