Ford Motor Co. Stock Outperforms Market On Strong Trading Day
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Shares of Ford Motor Co. (F) rallied 1.52% to $12.06 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.31% to 3,982.24 and the Dow Jones Industrial Average rising 0.22% to 32,889.09. The stock's rise snapped a two-day losing streak. Ford Motor Co. closed $6.19 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 Monday, as Tesla Inc. (TSLA) rose 5.46% to $207.63. Trading volume (60.3 M) remained 3.0 million below its 50-day average volume of 63.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 27, 2023.
(END) Dow Jones Newswires
February 27, 2023 16:53 ET (21:53 GMT)
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