Company News for Jan 5, 2022

Zacks Equity Research
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In this article:

  • Ford Motor Co.’s F shares soared 11.7% after the company announced that it will double the production of its F-150 Lightning electric pickup truck to 150,000 annually.    

  • General Motors Co.’s GM shares jumped 7.5% after the company said that semiconductor supply issue appears resolving since fourth-quarter 2021.

  • Shares of Toyota Motor Corp. TM climbed  6.9% as the company has become America’s top-selling auto maker in 2021.

  • Shares of Warner Music Group Corp. WMG tumbled 3.9% following the company’s decision to sale 8.56 million shares by affiliates of Access Industries.


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