Thndr Claps » U.S. Claps » Automotive 🚗 » Ford stock still climbing 📈
The ClapFord Motor’s stock in July had its best month since the Great Recession.The DeetsThe stock increased 32% during July, the best monthly percentage gain for Ford’s shares since a 127.4% surge in April 2009.Ford’s stock performance in July was driven by a number of product-related announcements, most notably that it has secured battery supplies for its upcoming electric vehicles. In addition to that, the company’s strong Q2 earnings pushed for a 14.6% increase in stock price.Ford compared to othersFord significantly outperformed GM, Stellantis, Ferrari, and Toyota Motors. It failed to outperform others such as Rivian and Tesla.
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