Ford Motor Co. shares are outperforming rivals despite the day’s losses | Rare Techy
Ford Motor Co. F shares,
fell 2.54% to $13.06 on Wednesday in what turned out to be an all-consuming trading session for the stock market with the S&P 500 index SPX,
down 2.50% to 3,759.69 and the Dow Jones Industrial Average DJIA,
down 1.55% to 32,147.76. The stock’s drop snapped Thursday’s winning streak. Ford Motor Co. closed $12.81 below the 52-week high ($25.87) the company hit on January 13th.
The stock was mixed compared to some of its rivals such as Tesla Inc. on Wednesday. TSLA,
down 5.64% to $214.98, Toyota Motor Corp. ADR TM,
rose 0.17% to $135.39 and Bayerische Motoren Werke AG ADR BMWYY,
fell 0.94% to $26.30. Trading volume (73.4 million) exceeded the 50-day average volume of 69.4 million.