Ford Stock Value Grows 3 Percent During Week Of June 3 – June 7, 2019

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The value of Ford stock increased by almost 3 percent during the June 3rd, 2019 – June 7th, 2019 timeframe. Shares closed the week at $9.76 per share, or $0.24 higher than last week’s closing value of $9.52.

The shares saw the following movement during the week:

  • Monday, June 3rd:Ford stock opened the day (and the week) at $9.62 and closed at $9.61
  • Tuesday, June 4th:Ford stock opened at 9.73 and closed at $9.92
  • Wednesday, June 5th: Ford stock opened at 9.87 and closed at $9.78
  • Thursday, June 6th: Ford Motor Company stock opened at $9.72 and closed at $9.75
  • Friday, June 7th: Ford stock opened at $9.76 and closed the week at $9.76, or $2.15 more than last week

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This growth in Ford stock comes after four consecutive weeks of declines, itself preceded by six consecutive weeks of growth. By comparison, shares of Fiat Chrysler Automobiles grew to $13.20 per share this week, while the value of GM stock grew by $2.15 per share, or almost 7 percent.

Ford Stock Values - June 3, 2019 - June 7, 2019
Date Open Close High Low
2019/6/7 9.76 9.76 9.82 9.7
2019/6/6 9.72 9.75 9.82 9.66
2019/6/5 9.87 9.78 9.92 9.65
2019/6/4 9.73 9.92 9.95 9.72
2019/6/3 9.62 9.61 9.65 9.46

We posit that the positive results are the result of a potential solution to the United States and China trade war, which has intensified over the past few months. In addition, the Trump administration on Friday announced a surprise Mexico tariff threat, which was promptly resolved. Tariffs and trade wars create a significant amount of uncertainty in global economies and markets, and stock markets typically react negatively to trade wars and uncertainty.

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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 on both moves much later than its rivals. For instance, FCA was the first to discontinue most of its sedan portfolio and General Motors started to invest heavily into EVs and autonomous vehicles earlier than The Blue Oval.

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Written by Francisco Cruz

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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