U.S. Markets closed

Ford Stock Continued to Recover in the Third Week of September

John Parker
Ford Stock Continued to Recover in the Third Week of September

In the week ended September 21, Ford (F) stock settled at $9.85 with a 4.2% weekly gain. The rise was Ford’s highest weekly gain in the last 21 weeks, and it has witnessed positive movement in the last two weeks. In the previous week, Ford rose by 1.9%. As of September 24, the company’s stock has seen 22.4% value erosion in 2018 so far. In comparison, industry peers (IYK) General Motors (GM) and Tesla (TSLA) have fallen 15.2% and 3.7% YTD, respectively, while Fiat Chrysler (FCAU) has risen by 2.6% YTD.