24H | Ford Rises 1%; Space Stocks Drop Again With DXYZ Down 7%; iRobot Sinks Another 11% After Tumbling 73%

TigerDec 16, 2025 1:18 AM

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Ford said it will take a $19.5 billion writedown and is killing several electric-vehicle models, in the most dramatic example yet of the auto industry's retreat from battery-powered models in response to the Trump administration's policies and weakening EV demand. The shares rose 1% in overnight trading.

Space stocks dropped again in overnight trading. Destiny Tech100 fell 7%; Planet Labs and Redwire fell 4%; Rocket Lab fell 3%; Intuitive Machines, Firefly Aerospace, AST SpaceMobile, and Voyager Technologies fell 2%.

iRobot shares dropped another 11% in overnight trading after sinking about 73% on Monday. The maker of the Roomba vacuum cleaner, filed for bankruptcy protection on Sunday, saying that it would go private after being bought by Picea Robotics, its primary manufacturer.

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