Dow Jones Futures: Market Rally Mixed, Nvidia Spikes On Metaverse Push; Four Stocks Flashing Buy Signals Late, Peloton Dives

The market rally was mixed, but Nvidia spiked on metaverse plans. Bill.com was among earnings movers flashing buy signals. Read More...

Motley Fool

Why Ford Stock Just Popped

Ford Motor Company (NYSE: F) stock ripped higher in Thursday afternoon trading, rising as high as 4.6% by 2:40 p.m. EDT on news of some significant debt-reshuffling in Dearborn. Specifically, Ford announced that will conduct a series of cash tender offers (i.e., debt buybacks) of what it described as its “COVID bonds,” issued to provide a cash cushion through the pandemic last year, as well as various other debt instruments. In total, Ford anticipates spending $5 billion to buy back debentures carrying interest rates ranging from 6.375% to nearly 10%, and with due dates ranging from as early as 2023 to as far out as 2047.

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