Ford Stock Breaks Above $15 as Wall Street Finds a New Story Beyond Trucks
Ford shares rose 2.6% Tuesday, hitting a 52-week high of $15.54 on heavy volume after the Memorial Day break, as investors responded to its push into battery energy storage. The gains followed news of a five-year supply deal with EDF for up to 20 GWh of battery systems. Ford outperformed GM and Tesla, while the S&P 500 advanced 0.61%. First-quarter revenue reached $43.3 billion, with net income of $2.5 billion.