While Ford shares are remarkably steady after $20 billion charge, these stocks are getting battered
Summarize this article with:
While Ford shares are remarkably steady after $20 billion charge, these stocks are getting batteredFord Motor Co.’s decision to take a nearly $20 billion charge as it shifts to hybrids from electric vehicles had little impact on the automaker’s stock but did send shares of battery makers lower.SK Innovation KR:096770 , Ford’s partner on battery plants in Tennessee and Kentucky, fell 3% in Seoul, as LG Energy Solution KR:373220 shares dipped 6%.About the AuthorSteven Goldstein is based in London and responsible for MarketWatch's coverage of financial markets in Europe, with a particular focus on global macro and commodities. Previously, he was Washington bureau chief, directing MarketWatch's economic, political and regulatory coverage. Follow Steve on Twitter: @MKTWgoldstein.Copyright © 2025 MarketWatch, Inc. All rights reserved.