Ford Authority

Ford Stock Up One Percent During Week Of November 20th – 24th, 2023

The value of Ford stock increased during the November 20th, 2023 – November 24th, 2023 timeframe. Shares closed the week at $10.40, which represents a modest one percent bump, or $0.13 increase in value compared to the prior week’s closing value of $10.27.

Movement & Ranges

Ford Stock Values - November 20th - November 24th, 2023
Date Open Close/Last High Low
11/24/2023 $10.28 $10.40 $10.53 $10.28
11/22/2023 $10.24 $10.26 $10.38 $10.17
11/21/2023 $10.28 $10.19 $10.32 $10.10
11/20/2023 $10.29 $10.34 $10.43 $10.26

By comparison, shares of General Motors increased in value by $0.15, or just about .05 percent, during the same timeframe.

The increase in Ford share value during the week follows a four percent increase from last week, which in turn followed a seven percent  increase during the preceding five day trading period.

Ford announced that it will restart operations for its upcoming EV battery plant in Michigan, albeit with a reduced footprint.

Ford Bronco Raptor and F-150 Raptor R 2023 Baja Score 1000 - Exterior 002 - Front Three Quarters.jpg

Ford CEO Jim Farley has been steadfastly outlining The Blue Oval’s future since assuming the role in October 2020. The company’s key goals and organizational changes include:

2024 Ford China Lineup Guangzhou International Automobile Exhibition

Stock Performance Year-To-Date

Ford Stock Values - January - December 2023
Month Opening Value
January 3rd $11.82
February 1st $13.52
March 1st $12.35
April 3rd $12.53
May 1st $12.01
June 1st $12.07
July 3rd $15.15
August 1st $13.15
September 1st $12.16
October 2nd $12.38
November 1st $9.84

Ford share values are 12 percent lower when compared to the first day of trading in 2023. The supply chain crisis, microchip shortage, and macroeconomic concerns about the state of the global economy has clearly rattled investors, which in turn has impacted the value of Ford stock, despite the company’s best efforts to be transparent about its future plans. Additionally, Wall Street does not seem to be warming up to the company’s ongoing EV strategy, which has been modified as of late to account for demand and pricing changes.

We’ll be here to report the latest developments about Ford stock, so be sure to subscribe to Ford Authority for ongoing Ford stock news and around-the-clock Ford news coverage.

Ed owns a 1986 Ford Taurus LX, and he routinely daydreams about buying another one, a fantasy that may someday become a reality.

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