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Kraft Heinz Falls, Lyft Sinks, Ford Rises on Profit Forecast

Kraft Heinz Falls, Lyft Sinks, Ford Rises on Profit Forecast

Published 1 month ago
Description

On this episode of Stock Movers:
- Kraft Heinz (KHC) shares fall after the company halted plans to split in two, a surprising reversal weeks after bringing in a new chief executive officer with experience breaking up a food company. - Lyft (LYFT) shares sink after the company issued a disappointing forecast that missed Wall Street expectations, a sign that its global expansion and new product offerings are not performing as quickly and as well as anticipated.
- Ford (F) shares rise after the automaker said it expects profit to jump in 2026 even after a surprise $900 million tariff bill at the end of last year dented the carmaker’s earnings.

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