Macro Finance
Kia Shares Plunge as Cost Surge Linked to Iran War Hits Profit
Bloomberg Markets·October 30, 2026·1 min read
Kia Corp. shares fell to their lowest level in more than a year after the company warned that earnings are being eroded by mounting costs linked to the war in the Middle East. The cost surge tied to the Iran conflict is hitting profitability, sending shares down sharply.
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