Ford Punished After Earnings Report

Filed under: Earnings Reports, Ford Motor (F)

Did you see the price action in Ford (F) Friday? I shouldn't call it price action; instead, I should refer to what I saw as an act of total carnage. Seriously, down over 13%?

That's what happened. Volume was, as one might expect, huge. The price of the automobile manufacturer settled at the end of day to a quote of $16.27. The 52-week low for the shares is $9.75 while the 52-week high is $18.97. The one-year chart shows a stock that has been doing very well. Investors want to know if this is a simple bump in the road on the way to further capital appreciation.

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Ford Punished After Earnings Report originally appeared on BloggingStocks on Sat, 29 Jan 2011 11:40:00 EST. Please see our terms for use of feeds.

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