Ford Faces Setback After Battery-Driven Stock Surge
Ford Motor shares tried to stabilize in early trade Thursday after sliding in the previous session. The move came as investors looked past a steep drop in May U.S. sales and recent recalls, focusing on Ford’s energy-storage business. Shares finished Wednesday at $15.71, down 2.7%. Pre-market quotes had the stock at $15.81, up 0.6%, according to MarketScreener.