Ford stock has biggest 1 day crash in 11 years after it said this

On September 20, Ford Motor Co’s (F.N) stock tumbled over 12% on Tuesday in its deepest one-day decline in over a decade after the automaker said inflation-related costs would be $1 billion more than expected in the current quarter and that parts shortages had delayed deliveries. The stock ended at $13.09, making its percentage decline for the session its largest since January 2011.

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