Ford Motor Co. Stock Falls Wednesday, Underperforms Market
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Shares of Ford Motor Co. (F) shed 1.84% to $11.71 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.70% to 3,891.93 and Dow Jones Industrial Average falling 0.87% to 31,874.57. This was the stock's fifth consecutive day of losses. Ford Motor Co. closed $6.09 below its 52-week high ($17.80), which the company reached on March 29th.
The stock underperformed when compared to some of its competitors Wednesday, as Tesla Inc. (TSLA) fell 1.53% to $180.45. Trading volume (108.0 M) eclipsed its 50-day average volume of 65.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 15, 2023.
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March 15, 2023 16:54 ET (20:54 GMT)
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