Ford Motor Co. Stock Falls Thursday, Underperforms Market
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Shares of Ford Motor Co. (F) slid 1.15% to $12.07 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.53% to 4,012.32 and the Dow Jones Industrial Average rising 0.33% to 33,153.91. Ford Motor Co. closed $6.18 below its 52-week high ($18.25), which the company reached on March 3rd.
The stock underperformed when compared to some of its competitors Thursday, as Tesla Inc. (TSLA) rose 0.60% to $202.07. Trading volume (57.8 M) remained 4.9 million below its 50-day average volume of 62.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 23, 2023.
(END) Dow Jones Newswires
February 23, 2023 16:53 ET (21:53 GMT)
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