Ford Motor ( (F) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Ford’s stock saw an uptick following the launch of the special-edition Mustang Mach-E, which boasts unique design features and performance seats. Despite potential supply chain threats from China’s control over rare earth exports, crucial for electric vehicle production, Ford’s long-term strategies remain a concern. However, JPMorgan has raised Ford’s price target, citing stronger global vehicle production and positive trends in currencies and commodities, even amidst U.S.-China trade tensions.
More about Ford Motor
YTD Price Performance: 28.65%
Average Trading Volume: 66,236,748
Technical Sentiment Signal: Strong Buy
Current Market Cap: $47.72B
For further insights into F stock on TipRanks’ Stock Analysis page.
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