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Ford Authority

Ford Stock Down Two Percent During Week Of January 15th – 19th, 2024

The value of Ford stock decreased during the January 15th, 2023 – January 19th, 2023 timeframe. Shares closed the week at $11.20, which represented a two percent dip, or $0.26 drop in value compared to the prior week’s closing value of $11.46. The exchange was closed on January 15th, 2023 in observance of the MLK Jr. holiday.

Movement & Ranges

Ford Stock Values - January 15th - January 19th, 2024
Date Open Close/Last High Low
01/19/2024 $10.94 $11.20 $11.22 $10.82
01/18/2024 $11.25 $10.99 $11.31 $10.96
01/17/2024 $11.17 $11.27 $11.31 $11.11
01/16/2024 $11.30 $11.46 $11.50 $11.18

By comparison, shares of General Motors increased in value by $0.25, or under one percent, during the same timeframe.

2024 Ford Mustang Mach-E GT Bronze Appearance Package - Exterior 002 - Front Three Quarters

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

Ford made several announcements during the week and revealed a plethora of new products. The company announced it plans to add a third shift at its Michigan Assembly plant, which produces the Ford Bronco and Ford Ranger, while simultaneously reducing output at the Rouge Electric Vehicle Center, which is responsible for the Ford F-150 Lightning pickup. It also revealed the 2024 Ford Mustang Mach-E GT Bronze Appearance Package and the Lightning Switchgear EV demonstrator. In Europe, it revealed the refreshed Ford Kuga compact crossover.

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 are now seven 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.

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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Comment

  1. S. Roark

    Alan Mulally printed billions of shares of stock to finance ford thru the bad times and forgot to buy them back. Remember Ford stock in 1999 was $ 33 a share he drove it down to $2. If you had $300,000 in stock in 1999 it would be worth around a $160,000 now. I’m convinced they don’t care about the stock holders or they would buy back and retire the stock he printed. The stock should be over a $150 a share now. GM is buying theirs back now. They also paid back the government who helped them get thru the bad times. Ford when are you going to pay back the stock holders that help save the company.

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