Ford Motor Co. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Ford Motor Co. (F) slipped 5.35% to $12.20 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 2.00% to 3,997.34 and Dow Jones Industrial Average falling 2.06% to 33,129.59. This was the stock's fifth consecutive day of losses. Ford Motor Co. closed $6.05 short of its 52-week high ($18.25), which the company achieved on March 3rd.
The stock underperformed when compared to some of its competitors Tuesday, as Tesla Inc. (TSLA) fell 5.25% to $197.37. Trading volume (77.5 M) eclipsed its 50-day average volume of 61.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 21, 2023.
(END) Dow Jones Newswires
February 21, 2023 16:54 ET (21:54 GMT)
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