Stocks to Watch on Thursday: Top 5 Losers

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In this article, we take a look at five stocks that are losing today. If you want to take a look at some more stocks that are declining today and the latest market situation, go to Stocks to Watch on Thursday: Top 10 Losers.

5. Ford Motor Company (NYSE:F) has crashed 4.6% as of 12:26 PM ET after the Dearborn, Michigan-based auto manufacturer was downgraded from an Overweight to an Equal Weight rating by Brian Johnson at Barclays. The price target on Ford Motor Company (NYSE:F) was lowered from $23 to $17, reflecting a modest upside of just over 10.4% from the last closing price. The analyst thinks that despite the recent sell-off, the market has not fully incorporated the auto and auto parts industry risks due to inflationary pressure, supply chain disruptions, and the possibility of an increase in interest rate.

As of Q4 2021, Ford Motor Company (NYSE:F) was held by 53 hedge funds, with a combined value of nearly $1.71 billion. As the leading investor in the company, D E Shaw is long over 28 million shares of Ford Motor Company (NYSE:F).

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