Ford Authority

Ford Stock Up Two Percent During Week Of July 1st – July 5th, 2024

The value of Ford stock increased two percent during the July 1st, 2024 – July 5th, 2024 timeframe. Shares closed the week at $12.84, which represented a two percent increase, or $0.30 increase in value compared to the prior week’s closing value of $12.54. The New York Stock Exchange was closed on July 4th in recognition of the Independence Day holiday.

S650 Ford Mustang Lineup China - Exterior 001 - Front

Movement & Ranges

Ford Stock Values - July 1 - July 5th, 2024
Date Open Close/Last High Low
07/05/2023 $12.87 $12.84 $12.96 $12.75
07/03/2024 $12.89 $12.87 $12.96 $12.80
07/02/2024 $12.83 $12.87 $12.95 $12.72
07/01/2024 $12.56 $12.76 $12.87 $12.53

By comparison, shares of General Motors increased in value by $0.06, or under one percent, during the same timeframe.

The increase of Ford shares during the week follows a six percent increase from last week, which in turn followed a one percent increase during the preceding five day trading period.

There were no major announcements made 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
June 3rd $12.25
July 1st $12.56

Ford share values are now seven percent 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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