Ford Motor Co. Stock Falls Friday, Underperforms Market
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Shares of Ford Motor Co. (F) slid 1.57% to $11.88 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.05% to 3,970.04 and Dow Jones Industrial Average falling 1.02% to 32,816.92. This was the stock's second consecutive day of losses. Ford Motor Co. closed $6.37 short of its 52-week high ($18.25), which the company reached on March 3rd.
Despite its losses, the stock outperformed some of its competitors Friday, as Tesla Inc. (TSLA) fell 2.57% to $196.88. Trading volume (50.5 M) remained 12.4 million below its 50-day average volume of 63.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 24, 2023.
(END) Dow Jones Newswires
February 24, 2023 16:54 ET (21:54 GMT)
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