Ford Stock Down Four Percent During Week Of April 15th – April 19th, 2024

The value of Ford stock dropped four percent during the April 15th, 2024 – April 19th, 2024 timeframe. Shares closed the week at $12.14, which represented a four percent dip, or $0.47 decrease in value compared to the prior week’s closing value of $12.61.

Movement & Ranges

Ford Stock Values - April 15th - April 19th, 2024
Date Open Close/Last High Low
04/19/2024 $12.02 $12.14 $12.23 $12.02
04/18/2024 $12.08 $12.06 $12.17 $11.98
04/17/2024 $12.14 $12.04 $12.25 $12.02
04/16/2024 $12.14 $12.09 $12.25 $11.94
04/15/2024 $12.74 $12.23 $12.82 $12.18

By comparison, shares of General Motors dropped in value by $0.37, or just under two percent, during the same timeframe.

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

Ford celebrated the 60th anniversary of the Ford Mustang during the week and also announced that the 2024 Ford F-150 Lightning is now shipping out to 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
April 1st $13.33

Ford share values are now valued 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. Wall Street continues to grapple with how it should evaluate legacy automakers in the wake of the ongoing EV transition. That said, Ford has frequently shifted its EV product plans and goals, likely adding to skepticism from investors.

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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.