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Motley Fool
Why Ford Stock Crashed This Week, but Could Rebound
Ford Motor Company (NYSE: F) stock plunged 14.5% this week at its lowest point in trading, according to data provided by S&P Global Market Intelligence. There are multiple factors behind Ford stock’s steep fall these days, four of which stand out: macroeconomic concerns, a large recall, a hot-selling electric vehicle (EV) hitting a roadblock, and a sharp dip in sales in Ford’s second-largest market. While that pretty much sums up Ford’s challenges in the U.S., Europe isn’t faring any better.
