Ford (NYSE:F) slips as F-Series lot stocks face rebound test
Ford Motor shares dropped harder than the market on Thursday after the automaker posted soft U.S. sales. But inventory may tell the bigger story. Ford ended June with 471,000 vehicles in gross stock, an amount that's 85.8% of its Q2 U.S. sales total. Traders are now focused on whether Ford can clear out those F-Series trucks in the second half without slashing prices.