Ford Authority

Ford Stock Up Seven Percent During Week Of January 29th – February 2nd, 2024

The value of Ford stock increased during the January 29th, 2023 – February 2nd, 2023 timeframe. Shares closed the week at $12.14, which represented a seven percent bump, or $0.75 increase in value compared to the prior week’s closing value of $11.39.

Movement & Ranges

Ford Stock Values - January 29th - February 2nd, 2024
Date Open Close/Last High Low
02/02/2024 $12.03 $12.14 $12.19 $11.94
02/01/2024 $11.82 $12.10 $12.14 $11.62
01/31/2024 $11.76 $11.72 $11.99 $11.72
01/30/2024 $11.77 $11.78 $11.87 $11.62
01/29/2024 $11.38 $11.55 $11.56 $11.30

By comparison, shares of General Motors increased in value by $3.73, or about 11 percent, during the same timeframe.

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

Ford made several announcements during the week. It revealed its intention to provide complimentary NACS adapters to all Ford F-150 Lightning and Mustang Mach-E owners. Additionally, it revealed the 2025 Ford Explorer. And it also released its January 2024 U.S. sales results.

2024 Ford Mustang GT Coupe Europe - 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:

All-New Ford Transit Connect PHEV - Exterior 001 - Front Three Quarters

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 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.

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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