Ford Authority

Ford Stock Down Three Percent During Week Of April 29th – May 3rd, 2024

The value of Ford stock decreased three percent during the April 29th, 2024 – May 3rd, 2024 timeframe. Shares closed the week at $12.43, which represented a three percent dip, or $0.36 decrease in value compared to the prior week’s closing value of $12.79.

S650 Ford Mustang Lineup China - Exterior 001 - Front

Movement & Ranges

Ford Stock Values - April 29th - May 3rd, 2024
Date Open Close/Last High Low
05/03/2024 $12.64 $12.43 $12.76 $12.39
05/02/2024 $12.40 $12.49 $12.55 $12.36
05/01/2024 $12.16 $12.20 $12.43 $12.15
04/30/2024 $12.60 $12.15 $12.60 $12.13
04/29/2024 $12.81 $12.75 $12.84 $12.55

By comparison, shares of General Motors dropped in value by $0.98, or about two percent, during the same timeframe.

Ford Bronco China - Exterior 002 - Rear Three Quarters

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

There was one notable event during the week. Ford released its April 2024 U.S. sales report, disclosing a two percent overall drop compared to April 2023.

Ford E-Transit Minibus Passenger Van Europe - Exterior 001 - Front Three Quarters

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
May 1st $12.16

Ford share values are now three percent percent higher when compared to the first day of trading in 2024. 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. It has now settled on an “everything for everyone” approach to its lineup that gives buyers a choice between gas, hybrid, and all-electric vehicles.

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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