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Tuesday, September 10, 2024

Ally Financial shares plunge as lender says consumers are struggling to pay back car loans

 https://www.msn.com/en-us/money/markets/ally-financial-shares-plunge-as-lender-says-consumers-are-struggling-to-pay-back-car-loans/ar-AA1ql5QU?ocid=winp1taskbar&cvid=8b1a80c091dd43bbd1bc77be4bc51e37&ei=16

Ally Financial’s stock was down nearly 18% in what would be its biggest one-day decline since the early days of the COVID-19 pandemic, when it fell 21.8% on March 16, 2020.

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