Ford Motor Co. stock outperforms competitors despite losses on the day

Ford Motor Co. stock outperforms competitors despite losses on the day

Shares of Ford Motor Co. F, -1.97% shed 1.97% to $16.95 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -1.84% falling 1.84% to 4,225.50 and Dow Jones Industrial Average DJIA, -1.38% falling 1.38% to 33,131.76. This was the stock’s second consecutive day of losses. Ford Motor Co. closed $8.92 short of its 52-week high ($25.87), which the company achieved on January 13th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Tesla Inc. TSLA, -7.00% fell 7.00% to $764.04, Toyota Motor Corp. ADR TM, -0.97% fell 0.97% to $183.84, and Bayerische Motoren Werke AG ADR BMWYY, -0.15% fell 0.15% to $34.26. Trading volume (79.3 M) remained 32.8 million below its 50-day average volume of 112.1 M.

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