Ford Authority

Ford Stock Up Six Percent During Week Of October 30th – November 3rd, 2023

The value of Ford stock grew during the October 30th, 2023 – November 3rd, 2023 timeframe. Shares closed the week at $10.56, which represents a six percent bump , or $0.60 increase in value compared to the prior week’s closing value of $9.96.

Movement & Ranges

Ford Stock Values - October 30th - November 3rd, 2023
Date Open Close/Last High Low
11/03/2023 $10.26 $10.56 $10.64 $10.25
11/02/2023 $10.02 $10.14 $10.15 $9.97
11/01/2023 $9.84 $9.91 $9.93 $9.76
10/31/2023 $9.72 $9.75 $9.91 $9.63
10/30/2023 $10.08 $9.77 $10.14 $9.68

By comparison, shares of General Motors increased in value by $2.55, or just over nine percent, during the same timeframe.

Ford F-150 Lightning Lariat Switzerland - Exterior 001 - Front Three Quarters

The increase in Ford share value during the week follows a 14 percent drop from last week, which in turn followed a one percent drop during the preceding five day trading period.

There were no major announcements during the week.

Ford Mustang Mach-E Taiwan - Exterior 001 - Front Three Quarters

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:

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 11 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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