BMW stock slumps to 5-year low as Iran war and China slowdown spark profit warning
BMW blamed a slowdown in its Chinese market, as well as disruption from the Iran war, as two reasons for the slashed guidance.
Overview
BMW blamed a slowdown in its Chinese market, as well as disruption from the Iran war, as two reasons for the slashed guidance.
Source
Originally published at www.cnbc.com.
Related Articles
- Fed meeting live updates: Here's everything to expect from Kevin Warsh's first rate decision
- Carvana’s new vehicle strategy turns dealership into ‘playground,’ test-drive center with sales all online
- Gen Z needs to build credit to start adulting — but half say they can’t get it. Here’s how to start.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.