Ford's Shares Are Falling Today on News of Its First-Quarter Loss

Shares of Ford Motor Company (NYSE: F) were down on Monday, after the company said that it probably lost $600 million in the first quarter and that its cash will last at least through September. 

As of 11:30 a.m. EDT today, Ford's shares were down about 6% from Friday's closing price.

In a statement released before the U.S. markets opened on Monday, Ford said that it had about $30 billion in cash remaining as of April 9. That's enough to last through the third quarter even if most of its factories stay closed, it said. 

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Source Fool.com