Honda (HMC) fiscal first-quarter 2023 earnings miss estimates, while revenues beat. Meanwhile, Shift Technologies (SFT) and CarLotz (LOTZ) ink a merge deal to become a leading used vehicle e-retailer.
WPRT earnings call for the period ending June 30, 2022.
After jumping yesterday on the weekend's news regarding the Inflation Reduction Act, shares of Westport Fuel Systems (NASDAQ: WPRT) are giving back most of those gains today. As of 3:01 p.m. ET, Westport's stock is down 22.3%. The stock's move today reflects investors' reactions to the second-quarter 2022 earnings report that the company, a manufacturer of clean energy automotive parts, released after the market closed on Monday.