Ford Stock Down One Percent During Week Of February 19th – February 23rd, 2024

The value of Ford stock decreased during the February 19th, 2023 – February 23rd, 2023 timeframe. Shares closed the week at $12.14, which represented a one percent dip, or $0.16 decrease in value compared to the prior week’s closing value of $12.30.

Movement & Ranges

Ford Stock Values - February 19th - February 23rd, 2024
Date Open Close/Last High Low
02/23/2024 $12.10 $12.14 $12.26 $12.09
02/22/2024 $12.13 $12.12 $12.24 $12.05
02/21/2024 $12.21 $12.14 $12.32 $12.05
02/20/2024 $12.19 $12.25 $12.33 $12.10

By comparison, shares of General Motors increased in value by $0.92, or slightly over two percent, during the same timeframe.

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

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

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
February 1st $11.82

Ford share values are now less than one percent higher 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. Wall Street continues to grapple with how it should evaluate legacy automakers in the wake of the ongoing EV transition.

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

Edward Snitkoff

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