Tuesday, August 3, 2021

BMW Warns On H2 Despite Strong Q2 Results; Stock Down

Shares of BMW Group were losing around 5 percent in German trading after the luxury automaker warned Tuesday that its second half-year is likely to be more volatile, affected by supply bottlenecks, high prices for raw materials and a shortage of semiconductors. This was despite reporting strong second-quarter results driven by solid demand.

from RTT - Earnings https://ift.tt/3CbOwR9
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