Renault shares slump after carmaker issues sales warning

PARIS (Reuters) - Renault shares slumped on Friday after the French carmaker cut its revenue guidance for 2019 and lowered its profitability forecast.Renault shares were down 11% in early trading.After the market closed on Thursday, Renault said sales were likely to drop between 3% and 4% this year. The company also said its operating margin was set to come in at 5%, versus a previous 6% goal."Overall, there are too many uncertainties today," wrote Deutsche Bank analysts, as they cut their..