Earnings Watch: More companies are downbeat on Q4 — but estimates remain strong
Earnings Watch: More companies are downbeat on Q4 — but estimates remain strong Source link
Nissan shares plunge over 10% after downbeat quarterly results, production-cut plans
The Nissan ARIYA on the EV test track at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBC Shares of Japanese automaker Nissan tumbled as much as 10.12%, a day after the company posted downbeat quarterly results and said it would reduce global production capacity by 20%. Shares of the company — which also announced plans to cut staff by 9,000 — hit a four-year intraday low
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