Why Ford Stock Is Down Today, and Why I'm Feeling Bullish
Shares of Ford Motor Company (NYSE: F) were trading lower on Thursday, amid a broad-based market sell-off as investors reacted to news of rising COVID-19 infection rates in some parts of the United States that have reopened.
As of 11:30 p.m. EDT today, Ford's shares were down about 8.2% from Wednesday's closing price.
Investors were reminded on Thursday that U.S coronavirus cases are still rising. There are now over 2 million confirmed cases, with increasing numbers of hospitalizations in several key states (including California, Florida, and Texas) that have been aggressive about reopening their economies in recent weeks.
Source Fool.com
