Why Ford Stock Slumped 18.6% in June
Ford Motor (NYSE: F) stock took a beating in June and slumped 18.6%, according to data provided by S&P Global Market Intelligence. Investors in the auto stock had a lot to worry about last month, and Ford's first big announcement so far in July has failed to impress the market.
Yet its stock could turn out to be a surprise winner in the coming months.
First up in June were Ford's monthly sales numbers, and contrary to what the headlines said, they were great.
Source Fool.com