With the Corona Virus outbreak, many Motor Companies have halted operations temporarily.
Stock Prices Drop In Our Industry
Motorsports Stock Market Business Notes as of March 19, 2020 (AM)
Things are slowing down, dropping, and coming to a halt. All companies listed have indicated that CoronaVirus and a general downturn in demand have forced them to shut down operations for various periods of time.
Ford, General Motors and Fiat Chrysler will shut down operations until March 30, 2020, beginning Thursday March 19, 2020.
Honda is set to temporarily shut down its USA, Mexico, and Canada operations for 6 days.
Nissan is set to shut down until April 6, 2020.
Takes a 50% hit on its stock. On Jan.2nd, 2020 Polaris had a stock high of $104.37 to $53.57
Stocks drops close at $56.51 marking a drop from it’s YTD high of $17.04.
Ford Motor Company
Drops from its Jan.2, 2020 high of $9.42 to $4.40
General Motors - GM
Tumbles from its Jan. 2, 2020 high of $37.38 to $18.42
Takes a slight drop from its Jan 2, 2020 high of $142.24 to $120
Honda Motor Company Limited
Stays consistent from its Jan. 2, 2020 high of $29.05 to $21.17
Fiat Chrysler Automobiles - Jeep
Drops more than half from its Jan.2, 2020 high of $15.08 to $6.31
Yamaha Motor Company
Drops nearly half from the high on Jan 2, 2020 of $20.15 to $10.58
- Date: March 19, 2020