A Ford Bronco vehicle on a demonstration track during the Motor Bella Auto Show in Pontiac, Michigan, USA on Tuesday, September 21, 2021.
Emily Elconin | Bloomberg | Getty Images
Here are the stocks that are making notable moves in extended trading:
Ford – Shares fell about 3.8% post-market Monday after the automaker told investors its supply chain costs had risen $1 billion in the third quarter. Ford reiterated its full-year outlook for adjusted earnings before interest and taxes.
General Motors – Shares fell 2% after Ford’s announcement that supply chain costs were about $1 billion higher than expected.
Cognex – Shares of the machine vision company rose more than 7% in extended trading after Cognex raised its third-quarter revenue forecast. Cognex said it now expects revenue between $195 million and $205 million, up from a previous run of $180 million to $190 million, due to faster-than-expected demand fulfillment.