The value of Ford stock dropped five percent during the April 8th, 2024 – April 12th, 2024 timeframe. Shares closed the week at $12.61, which represented a five percent dip, or $0.67 decrease in value compared to the prior week’s closing value of $13.28.
| Date | Open | Close/Last | High | Low |
|---|---|---|---|---|
| 04/12/2024 | $12.92 | $12.61 | $12.92 | $12.50 |
| 04/11/2024 | $13.11 | $13.04 | $13.14 | $12.91 |
| 04/10/2024 | $13.26 | $13.06 | $13.29 | $12.95 |
| 04/09/2024 | $13.47 | $13.54 | $13.59 | $13.34 |
| 04/08/2024 | $13.35 | $13.41 | $13.54 | $13.35 |
By comparison, shares of General Motors dropped in value by $1.15, or just under three percent, during the same timeframe.
The drop in Ford share values during the week follows a zero percent increase from last week, which in turn followed a seven percent increase during the preceding five day trading period.
Ford made several announcements during the week. It outlined changes to the 2024 Ford Mustang Mach-E lineup, revealed that the 2024 Ford F-150 and 2024 Ford Ranger are officially shipping out to dealers, and debuted a new ad campaign focused on its diverse product lineup.
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:
| 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 five 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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Any offers are currently unavailable on redesigned full-size SUV.
And they apparently committed to that poor decision.
Owners have proven to be quite loyal so far.
According to the 2025 U.S. Transparency Awards from Labrador Transparency.
It plans to have those units production ready by 2029.
Though it has been in the same spot for nearly 70 years.
