Ford Shares Reach 52-Week Peak, Investors Watch Tuesday’s Move
Ford shares closed at $14.93 Friday, up 9.22% and hitting a one-year high, as investors focused on the new Ford Energy battery storage unit. The company signed a five-year deal with EDF power solutions North America for up to 20 GWh of battery systems. Ford faces $1 billion in tariff costs and supply issues after fires at Novelis disrupted aluminum for F-150 production. U.S. markets reopen Tuesday after Memorial Day.