Ford Stock Up Two Percent During Week Of May 13th – May 17th, 2024

The value of Ford stock increased two percent during the May 13th, 2024 – May 17th, 2024 timeframe. Shares closed the week at $12.16, which represented a two percent increase, or $0.28 decrease in value compared to the prior week’s closing value of $11.99.

Movement & Ranges

Ford Stock Values - May 13th - May 17th, 2024
Date Open Close/Last High Low
05/17/2024 $12.37 $12.27 $12.38 $12.25
05/16/2024 $12.27 $12.38 $12.48 $12.26
05/15/2024 $12.49 $12.31 $12.56 $12.18
05/14/2024 $12.44 $12.44 $12.64 $12.36
05/13/2024 $12.05 $12.33 $12.45 $12.05

By comparison, shares of General Motors increased in value by $0.55, or just over one percent, during the same timeframe.

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

There were no major announcements from Ford during the week.

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 less than one 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.

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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.