Why Ford Stock Is Glowing Green in a Red Market Today
As trading approached the halfway mark on Thursday, the three major indexes all sit firmly in the red. But one stock in particular is still glowing a reassuring shade of green this morning: Ford (NYSE: F), up 2.4%.
If you ask many investors, this might be due to Ford's performance at the Detroit Auto Show last night, and in particular car enthusiasts' excitement over Ford's unveiling of a seventh-generation Mustang featuring a powerful 5-liter V-8 engine.
But there's another reason Ford stock is moving higher today, recovering from two straight days of stock market losses.
Source Fool.com