Ford Motor Co. Stock Rises Thursday, Still Underperforms Market
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Shares of Ford Motor Co. (F) inched 0.94% higher to $11.82 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.76% to 3,960.28 and the Dow Jones Industrial Average rising 1.17% to 32,246.55. The stock's rise snapped a five-day losing streak. Ford Motor Co. closed $5.98 below its 52-week high ($17.80), which the company achieved on March 29th.
The stock underperformed when compared to some of its competitors Thursday, as Tesla Inc. (TSLA) rose 2.04% to $184.13. Trading volume (73.7 M) eclipsed its 50-day average volume of 66.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 16, 2023.
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March 16, 2023 16:54 ET (20:54 GMT)
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