The Latest Breaking News from Aptiv

Russia’s devastating war on Ukraine is bringing a whole set of new problems to the global auto industry, just as it was starting to recover from the pandemic and computer chip shortages

Over the past 3 months, 4 analysts have published their opinion on Aptiv (NYSE:APTV) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Tesla Inc (NASDAQ:TSLA) and General Motors Co (NYSE:GM) JV supplier Aptiv PLC (NYSE:APTV) dismissed workers from a Shanghai production facility, citing COVID issues, Reuters reports. Aptiv abruptly dismissed workers at one of the sites, which made wire harnesses, on March 29. Wire harnesses were unique to each model, and it was not possible to build vehicles…

If history is any guide, there may be trouble ahead for shares of Aptiv (NYSE:APTV). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.