BMW sinks 8% after China woes and Iran war drive profit warning (BMWKY:OTCMKTS)
Finance Desk
Emanuel M Schwermer/DigitalVision via Getty Images
German luxury carmaker BMW (BMWKY) stock fell about 8% on the DAX Index (DAX:IND) on Wednesday as the automaker issued an unexpected profit warning, citing a deepening downturn in China and the economic fallout from the Iran war.
