Despite posting better than expected earnings for the fourth quarter, Ford finds its stock under pressure due to the company guiding Wall Street to expect greater losses in Europe. It is the latest sign that Ford continues to be a tale of two companies: In North America it is growing profits and margins while Europe is a money losing operation.
The initial reaction among investors is one of disappointment. Ford shares dropped by 4% shortly after the opening bell.
What is Ford's stock doing now? (Click here for the latest before-hours quotes.)