Ford Motor Co. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Ford Motor Co. (F) slipped 3.90% to $12.83 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.65% to 3,935.18 and Dow Jones Industrial Average falling 1.02% to 31,834.11. This was the stock's fifth consecutive day of losses. Ford Motor Co. closed $13.04 below 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) fell 8.25% to $734.00, Toyota Motor Corp. ADR (7203.TO) fell 5.64% to $157.06, and Bayerische Motoren Werke AG ADR rose 3.28% to $28.90. Trading volume (70.9 M) eclipsed its 50-day average volume of 70.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 11, 2022.
(END) Dow Jones Newswires
May 11, 2022 16:52 ET (20:52 GMT)
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