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Benzinga
Benzinga
Business
Randy Elias

Why Ford's Stock Is Falling Today

Ford Motor Company (NYSE:F) shares are trading lower after Jefferies downgraded the stock from Buy to Hold and announced a $25 price target.

Over the past 5 trading sessions, Ford's stock has dropped approximately 10% from the $24 level to the $21 level.

Ford Motor Company designs, manufactures, markets, and services a range of Ford trucks, cars, sport utility vehicles, electrified vehicles, and Lincoln luxury vehicles worldwide.

Ford's stock was trading about 3.1% lower at $21.75 per share on Thursday at the time of publication. The stock has a 52-week high of $25.87 and a 52-week low of $10.36.

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