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Company News for Jan 31, 2023

Zacks Equity Research
·1-min read

  • Shares of Ford Motor Company F declined 2.9% after announcing price-cuts to its electric Mustang Mach-E crossover.

  • Shares of Advanced Micro Devices, Inc. AMD fell 3.9% on the broader tech slump.

  • Devon Energy Corporation’s DVN shares plunged 4.5% as global oil prices fell.

  • Shares of Johnson & Johnson JNJ slid 3.7% after its strategy to use bankruptcy to resolve the multibillion-dollar litigation over claims its products cause cancer was rejected by a court.

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