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Ford Stock Value Down 1 Percent During Week Of May 13 – May 17, 2019

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The value of Ford stock decreased a little over 1 percent during the May 13th, 2019 – May 17th, 2019 timeframe. Shares closed the week at $10.29 per share, or $0.12 less than last week’s closing value of $10.41.

The shares saw the following movement during the week:

  • Monday, May 13th: Ford stock opened the day (and the week) at $10.38 and closed at $10.08
  • Tuesday, May 14th: Ford stock opened at $10.08 and closed at $10.24
  • Wednesday, May 15th: Ford stock opened at $10.24 and closed at $10.36
  • Thursday, May 16th: Ford Motor Company stock opened at $10.36 and closed at $10.40
  • Friday, May 17th: Ford stock opened at $10.40 and closed the week at $10.29, or $0.12 less than last week

This marks the second consecutive week of a decline in Ford stock value, which isn’t great. The decrease follows six consecutive weeks of growth. By comparison, shares of Fiat Chrysler Automobiles grew to $15.86 per share this week, while the value of GM stock fell by $0.91 per share.

Ford Stock Values - May 13, 2019 - May 17, 2019
Date Open Close High Low
2019/5/17 10.4 10.29 10.44 10.24
2019/5/16 10.36 10.4 10.44 10.3
2019/5/15 10.24 10.36 10.4 10.04
2019/5/14 10.08 10.24 10.29 10.13
2019/5/13 10.38 10.08 10.26 10.04

We posit that the negative results are caused by the ongoing trade war between the United States and China, a circumstance that creates a significant amount of uncertainty in global economies and markets. Stock markets typically reach negatively to trade wars and uncertainty.

We remain interested in seeing how Ford stock fares throughout the rest of 2019, especially in light of the Dearborn-based automaker’s decisions to optimize its business by discontinuing all sedans to focus on more profitable crossovers, SUVs, and pickup trucks in the North American market, while at the same time investing in very costly autonomous vehicles and technologies.

It’s worth noting that The Blue Oval started commenced on both moves much later than its rivals. For instance, FCA was first to discontinue most of its sedan portfolio and General Motors started to make heavy investments into EVs and autonomous vehicles earlier than The Blue Oval.

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Frankie's first favorite car was a 1968 Ford Mustang, and he's had a strong appreciation for the nameplate ever since. Later in his youth he became infatuated with Eleanor, thanks to Nicholas Cage's stellar performance. Frank's a real jokester, too.

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