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Ford Authority

Ford Stock Stable During Week Of May 27th – May 31st, 2024

The value of Ford stock remained stable during the May 27th, 2024 – May 31st, 2024 timeframe. Shares closed the week at $12.13, which represented a less than one percent dip, or $0.03 drop in value compared to the prior week’s closing value of $12.16. The stock exchange was closed Monday in observance of the Memorial Day holiday.

S650 Ford Mustang Lineup China - Exterior 001 - Front

Movement & Ranges

Ford Stock Values - May 27th - May 31st, 2024
Date Open Close/Last High Low
05/31/2024 $11.77 $12.13 $12.15 $11.66
05/30/2024 $11.58 $11.77 $11.78 $11.48
05/29/2024 $11.57 $11.56 $11.65 $11.50
05/28/2024 $12.11 $11.68 $12.13 $11.66

By comparison, shares of General Motors increased in value by $0.88, or about two percent, during the same timeframe.

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

There were no major announcements during the week.

Next-Generation Ford Transit Custom Lineup - 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:

2024 Ford China Lineup Guangzhou International Automobile Exhibition

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.

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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Comment

  1. J Ruegs

    Watching F stock bouncing around $11-12 rangebut hardly ever getting steadily above that. I believe the reason is because no one at F cares enough about quality to earn a quality reputation similar to Toyota. When a vehicle has problems, & the public gets wind it, sales drop off & F just throws that car away instead of fixing the problem at least by the next model year. I used to recommend Ford vehicles to friends & family but no longer.
    JR.

    Reply

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