Why Ford Stock Is Volatile Today
Investors were unsure what to do with Ford's (NYSE: F) stock today. The automaker's share price initially fell this morning after the company reported its third-quarter results.
While Ford beat Wall Street's top- and bottom-line consensus estimates, investors were likely concerned that the company posted a net loss and continues to face supply chain issues.
But the automotive stock then rebounded later as investors factored in the latest economic data, which showed better-than-expected GDP growth in the third quarter.
Source Fool.com
