Ford Motor Co. Stock Rises Wednesday, Still Underperforms Market
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Shares of Ford Motor Co. (F) rallied 2.88% to $14.98 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 2.99% to 4,300.17 and the Dow Jones Industrial Average rising 2.81% to 34,061.06. This was the stock's third consecutive day of gains. Ford Motor Co. closed $10.89 short of its 52-week high ($25.87), which the company achieved on January 13th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Tesla Inc. (TSLA) rose 4.77% to $952.62, Toyota Motor Corp. ADR (7203.TO) rose 1.62% to $174.85, and Bayerische Motoren Werke AG ADR rose 2.64% to $28.78. Trading volume (59.2 M) remained 14.0 million below its 50-day average volume of 73.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 4, 2022.
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May 04, 2022 16:52 ET (20:52 GMT)
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