ALLY Nov 2024 32.000 call
| Previous Close | 3.0500 |
| Open | 3.1300 |
| Bid | 2.5000 |
| Ask | 2.5500 |
| Strike | 32.00 |
| Expire Date | 2024-11-15 |
| Day's Range | 2.5000 - 3.1300 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 16 |
- Yahoo Finance Video
Ally Financial CFO comments on credit challenges, stock sinks
Ally Financial (ALLY) stock sinks after CFO Russ Hutchinson pointed to credit conditions that have "intensified" for borrowers when speaking at the 22nd Annual Barclays Global Financial Services Conference on Tuesday. Market Domination anchors Julie Hyman and Josh Lipton break down Hutchinson's comments and what they spell out about the broader banking industry. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
Barrons.comBank Stocks Get Crushed Again. Ally Financial Could Be a Bargain.
Bank stocks were trading lower again Wednesday as downbeat commentary about borrowers’ financial strength continued to spook investors. Ally Financial’s chief financial officer, Russell Hutchison, triggered the selling with remarks at a Barclays conference on Tuesday. “Over the course of the quarter, our credit challenges have intensified,” Hutchinson said, according to a transcript.
ZacksALLY Stock Plunges as CFO Warns of Rising Delinquencies in Auto Loans
Ally Financial's CFO says that the company sees a rise in delinquencies in retail auto loans because borrowers struggle with high inflation and cost of living.
