Ford Authority

Ford Stock Down Three Percent During Week Of January 1st – January 5th, 2024

The value of Ford stock decreased during the January 1st, 2023 – January 5th, 2023 timeframe. Shares closed the week at $11.85, which represented a three percent dip, or $0.34 drop in value compared to the prior week’s closing value of $12.19. The stock market was closed last Monday in observance of the New Year’s holiday.

2024 Ford Mustang Dark Horse And Mustang Mach-E China Wallpaper - Exterior 007 - Front Three Quarters

Movement & Ranges

Ford Stock Values - January 1st - January 5th, 2024
Date Open Close/Last High Low
01/05/2024 $11.65 $11.85 $12.04 $11.63
01/04/2024 $11.76 $11.68 $11.82 $11.63
01/03/2024 $12.02 $11.71 $12.03 $11.64
01/02/2024 $12.04 $12.16 $12.38 $11.94

By comparison, shares of General Motors dropped in value by $0.07, or just 0.2%, during the same timeframe.

2024 Ford Mustang Dark Horse And Mustang Mach-E China Wallpaper - Exterior 004 - Front Three Quarters

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

Ford released its calendar year 2023 U.S. sales report last week. There were no other major announcements during that time.

Ford E-Transit Mobile Recording Studio - 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 2024
Month Opening Value
January 2nd $12.04

Ford share values ended the first week about two percent lower when compared to the first day of trading in 2024. 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. Although investors may have tentatively changed their minds on the automaker as of late.

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.

Subscribe to Ford Authority

For around-the-clock Ford news coverage

We'll send you one email per day with the latest Ford updates. It's totally free.

No Comments yet

Leave a comment