A Ford Bronco vehicle on a demonstrative course throughout the Motor Bella Auto Show in Pontiac, Michigan, U.S. on Tuesday, Sept. 21, 2021.
Emily Elconin | Bloomberg | Getty Images
Listed here are the stocks making notable moves in prolonged trading:
Ford — Shares fell about 3.8% post market Monday after the automaker told investors it saw a $1 billion increase in supply chain costs throughout the third quarter. Ford reiterated its full-year guidance for adjusted earnings before interest and taxes.
General Motors — Shares dropped 2% following the announcement from Ford that its supply chain costs were about $1 billion greater than anticipated.
Cognex — Shares of the machine vision company jumped greater than 7% in prolonged trading after Cognex raised its revenue guidance for the third quarter. Cognex said it now expects revenue between $195 million and $205 million, up from a previous range of $180 million to $190 million, on account of faster-than-expected demand success.
