Why did Bayerische Motoren Werke Aktiengesellschaft stock fall on 8 October?
Written after the close on
Bayerische Motoren Werke Aktiengesellschaft −2.76% · DAX −1.18%
BMW fell sharply as the sector slid. Over the last five trading days BMW fell clearly, more than the DAX, which fell slightly. The drop likely reflects a broad pullback in consumer cyclical stocks, with carmakers hit by worries about demand and costs, and the whole market weakened by the DAX's own decline. Watch the early November earnings report for the next clear signal.
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