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27.03.2020 11:41:29

Fiat Chrysler is in process of making masks, with supply to donate expected in 'coming weeks'

Fiat Chrysler Automobiles N.V. said Friday it was in the process of converting its first plant to making face masks to donate to first responders and health chare workers. The automaker said the first machinery to make the masks were installed with supply expected "in the coming weeks." Fellow auto makers Ford Motor Co. and General Motors Co. have also announced measures to make personal protective equipment. Fiat Chrysler's stock slumped 5.8% in premarket trading after running up 21.7% over the past three sessions. Over the past three months, the stock has shed 48.0% through Thursday, while the S&P 500 has lost 18.8%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Weiter zum vollständigen Artikel bei "Market Watch"