Analyst: BMW's stock price is expected to plummet significantly after issuing a profit warning.

Tom Narayan, a market analyst at Jiahuang Capital, wrote that following BMW's lowered forecast and warning that the visibility of business improvement is limited, it is expected that the stock price of the car manufacturer will sharply decline this morning. He added that although BMW is expanding its cost-cutting plan, the related restructuring costs will bring additional one-time negative factors in the second half of the year.