{"id":82808,"date":"2022-10-11T00:07:14","date_gmt":"2022-10-11T04:07:14","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=82808"},"modified":"2022-10-10T23:04:58","modified_gmt":"2022-10-11T03:04:58","slug":"gm-and-ford-shares-fall-after-ubs-downgrades-on-expectations-for-weakening-demand","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2022\/gm-and-ford-shares-fall-after-ubs-downgrades-on-expectations-for-weakening-demand.html","title":{"rendered":"GM and Ford shares fall after UBS downgrades on expectations for weakening demand"},"content":{"rendered":"\n<p>(CNBC) Shares of <a href=\"https:\/\/www.cnbc.com\/quotes\/GM\/\">General Motors<\/a> and <a href=\"https:\/\/www.cnbc.com\/quotes\/F\/\">Ford Motor<\/a> each tumbled Monday <a href=\"https:\/\/www.cnbc.com\/2022\/10\/10\/ford-general-motors-downgraded-by-ubs-which-sees-rapidly-deteriorating-consumer-demand.html\">after a pair of UBS downgrades<\/a> citing expectations for weakening demand amid inflationary pressures. Ford\u2019s stock was down by more than 8% during intraday trading before closing at $11.37 per share, a decline of 6.9%. GM was off by as much as 7.5% before closing at $32.29 per share, down by 4%.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/10\/10\/gm-ford-shares-tumble-after-ubs-downgrades-citing-weakening-demand.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Shares of General Motors and Ford Motor each tumbled Monday after a pair of UBS downgrades citing expectations for weakening demand amid inflationary pressures. Ford\u2019s stock was down by more than 8% during intraday trading before closing at $11.37 [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-82808","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82808","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=82808"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82808\/revisions"}],"predecessor-version":[{"id":82809,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82808\/revisions\/82809"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=82808"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=82808"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=82808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}