Why Nio, Ford, and General Motors Stocks Crashed
The stock market was in the red again Friday. The S&P 500 ended the trading day down by 0.8% and the Nasdaq was off by 1.7%.
Car stocks, in particular, took it on the chin during the session, with Chinese electric car-maker Nio (NYSE: NIO) losing 6.2%, Ford Motor Co. (NYSE: F) down 4.2%, and General Motors (NYSE: GM) losing 5.6%.
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Source Fool.com
