Automobile stocks bounced back from the COVID-19 pandemic-induced sales slowdown fairly well in the second half of 2020 only to be caught unaware by the global semiconductor shortage.
Despite the sales hit from the chip crunch and the resulting capacity idling, shares of most legacy automakers are higher for the year-to-date period.
Automated market maker Wintermute, which was hacked of $160 million worth of funds, has told the hacker to return the stolen funds or face legal consequences.