Ford Authority

Ford Stock Up Three Percent During Week Of February 26th – March 1st, 2024

The value of Ford stock increased during the February 26th, 2023 – March 1st, 2023 timeframe. Shares closed the week at $12.45, which represented a three percent bump, or $0.31 increase in value compared to the prior week’s closing value of $12.14.

Movement & Ranges

Ford Stock Values - February 26th - March 1st, 2024
Date Open Close/Last High Low
03/01/2024 $12.53 $12.45 $12.64 $12.32
02/29/2024 $12.37 $12.44 $12.47 $12.32
02/28/2024 $11.97 $12.30 $12.40 $11.96
02/27/2024 $12.02 $12.00 $12.17 $11.96
02/26/2024 $12.13 $11.95 $12.27 $11.95

By comparison, shares of General Motors increased in value by $1.37, or slightly over three percent, during the same timeframe.

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

During the week, Ford announced that the new Fast Charging Adapter was available to order, opening up the Tesla Supercharger network to all current generation Ford EV owners.

Ford F-150 Lightning EV Demonstrator Teaser Pikes Peak 2024 - Exterior 001 - Front

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:

Ford Bronco Off-Roadeo Solar Eclipse Viewing Event - 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
March 1st $12.53

Ford share values are now less than three 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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