Ford Authority

Ford Stock Down Three Percent During Week Of January 8th – 12th, 2024

The value of Ford stock decreased during the January 8th, 2023 – January 12th, 2023 timeframe. Shares closed the week at $11.46, which represented a three percent dip, or $0.39 drop in value compared to the prior week’s closing value of $11.85.

Ford Transit Custom Australia - Exterior 001 - Front Three Quarters

Movement & Ranges

Ford Stock Values - January 8th - January 12th, 2024
Date Open Close/Last High Low
01/12/2024 $11.65 $11.46 $11.77 $11.41
01/11/2024 $11.75 $11.71 $11.77 $11.57
01/10/2024 $11.83 $11.83 $11.86 $11.71
01/09/2024 $11.81 $11.84 $11.90 $11.77
01/08/2024 $11.85 $11.97 $12.05 $11.79

By comparison, shares of General Motors dropped in value by $0.73, or two percent, during the same timeframe.

Ford Transit Custom Australia - Exterior 003 - Rear Three Quarters

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

There were no major announcements or product reveals during the week.

2024 Ford Mustang Dark Horse And Mustang Mach-E China Wallpaper - Exterior 006 - 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 are now five 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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