Ford drops to 1-month low after another fire hits Novelis plant
Ford shares hit a one-month low after a third fire in two months erupted at Novelis Oswego plant, a key supplier of aluminium for F-150 trucks. Previous fires have already cost Ford up to $2 billion and forced production pauses, raising fresh concerns about supply delays. Stocktwits sentiment was mixed, with some buying the dip and others calling Ford sell.