Ford Authority

Ford Stock Down Two Percent During Week Of March 4th – March 8th, 2024

The value of Ford stock decreased during the March 4th, 2023 – March 8th, 2023 timeframe. Shares closed the week at $12.18, which represented a two percent dip, or $0.27 drop in value compared to the prior week’s closing value of $12.45.

Ford Bronco Off-Roadeo Solar Eclipse Viewing Event - Exterior 001 - Front Three Quarters

Movement & Ranges

Ford Stock Values - March 4th - March 8th, 2024
Date Open Close/Last High Low
03/08/2024 $12.43 $12.18 $12.52 $12.14
03/07/2024 $12.41 $12.41 $12.47 $12.26
03/06/2024 $12.52 $12.38 $12.57 $12.33
03/05/2024 $12.65 $12.58 $12.74 $12.50
03/04/2024 $12.57 $12.74 $13.03 $12.57

By comparison, shares of General Motors dropped in value by $1.49, or about four percent, during the same timeframe.

2024 Ford E-Transit - Exterior 001 - Front Three Quarters

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

Ford revealed an updated Ford E-Transit during the week, which will come standard with a larger battery.

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 just 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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