Ford Motor Co. Stock Falls Friday, Underperforms Market
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Shares of Ford Motor Co. (F) shed 4.40% to $11.30 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.10% to 3,916.64 and Dow Jones Industrial Average falling 1.19% to 31,861.98. Ford Motor Co. closed $6.50 below its 52-week high ($17.80), which the company reached on March 29th.
The stock underperformed when compared to some of its competitors Friday, as Tesla Inc. (TSLA) fell 2.17% to $180.13. Trading volume (248.0 M) eclipsed its 50-day average volume of 67.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 17, 2023.
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March 17, 2023 16:54 ET (20:54 GMT)
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