Company News for Jul 6, 2022

Zacks Equity Research Published on July 06, 2022

Ford Motor Co.’s (F - Free Report) shares dropped 1.1% after the company’s second-quarter vehicle sales missed market’s expectations.
Shares of Stellantis N.V. (STLA - Free Report) tumbled 5.6% following a Union report that its Italy-based production facility could produce 220,00 less vehicles this year due to shortage of chipsets.
AstraZeneca PLC’s (AZN - Free Report) shares fell 0.7% following the company’s decision to acquire TeneoTwo for a consideration up to $1.27 billion.
Shares of Chevron Corp. (CVX - Free Report) declined 2.6% following a fall in WTI crude oil prices below $100 per barrel.

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