Ford Authority

Ford Stock Up Three Percent During Week Of March 25th – March 29th, 2024

The value of Ford stock increased during the March 25th, 2023 – March 29th, 2023 timeframe. Shares closed the week at $13.28, which represented a three percent bump, or $0.37 increase in value compared to the prior week’s closing value of $12.91. The stock exchange is closed on March 29th, 2024 for the Good Friday holiday.

Movement & Ranges

Ford Stock Values - March 25th - March 29th, 2024
Date Open Close/Last High Low
03/28/2024 $13.07 $13.28 $13.30 $13.05
03/27/2024 $12.53 $13.06 $13.07 $12.52
03/26/2024 $12.96 $12.44 $12.96 $12.43
03/25/2024 $12.92 $12.90 $13.06 $12.74

By comparison, shares of General Motors increased in value by $2.29, or about six percent, during the same timeframe.

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

Ford made several announcements during the week. It reaffirmed its 2024 guidance. Additionally, it announced a special edition Mustang and other Mustang related events for its 60th anniversary. It also announced a partnership with Allego for EV charging at European dealers.

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
March 1st $12.53

Ford share values are now valued 10 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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