Why Ford Stock Regained Momentum Today
After plunging nearly 7% yesterday, Ford's (NYSE: F) stock rebounded slightly today. There wasn't any company-specific news that was causing Ford's shares to rise, but some investors may be viewing yesterday's sell-off as a potential buying opportunity. Just yesterday, Ford's stock fell hard after UBS analyst Patrick Hummel downgraded the stock to a sell rating, down from his previous neutral rating.