Navistar falls after Volkswagen reports no bid action [Seeking Alpha]
Navistar Intl Corp (NAV)
Last navistar intl corp earnings: 3/4 06:25 am
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Source: Seeking Alpha
Navistar falls after Volkswagen reports no bid actionNavistar (NAV-0.8%) tracks lower after a filing from Volkswagen Truck & Bus GmbH (OTCPK:VLKAY) indicates that there is no change to plans for Navistar."VW T&B continuously reviews its investment in the Issuer and may in the future determine to undertake various actions in connection with its investment, including the possible acquisition of the Issuer," reads the filing.Shares of Navistar are up 25% over the last 30 days on some expectations for a full bid by Volkswagen for the company.See all stocks on the move »Now read:Lower Cost Than Tesla? Volkswagen's New Battery Cell Costs Under 100 Euro Per KWh »
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