Ford Stock Junk Status
It said the automaker faces considerable business challenges and its poor financial performance badly positions ford to take on its.
Ford stock junk status. It could get worse as coronavirus hammers new car sales. Moody s the credit ratings agency just downgraded ford s credit rating to junk status on monday. The credit ratings agency cited ford s weak financial outlook as the detroit based company. Ford stock will feel the impact of s p s move to downgrade ford to junk status.
Moody s downgraded ford s credit to junk monday evening. Ford s credit rating cut to junk status by s p global the coronavirus pandemic dealt a blow to the company but it wasn t the first and may not be the last. But are the concerns justified and what does this mean for ford investors. The rating outlook is negative which suggests a downgrade into junk status is more likely than an upgrade.
F stock went into reverse as its bonds were labelled junk by a ratings agency the decision by moody s to downgrade ford s credit rating is comparable to what happens to a. The act of dropping ford s credit rating to junk status.
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