Ford Stock Surges After Q3 Beat – But $1B Supply Shock and EV Slump Linger
A Volatile Ride in October Ford’s stock has swung wildly this month. After hitting near $12.50 over the summer, shares plunged early October on back-to-back blows: a massive supplier fire and fresh recalls ts2.tech. On Oct. 7 the Novelis plant blaze sent Ford down about 6–7% in one day ts2.tech, erasing nearly $3 billion in market value. However, bargain hunters quickly stepped in. By mid-month Ford had retraced most losses, and as of Oct. 23 it was back around $11.9 ts2.tech – roughly unchanged from the prior week and still about 20% above its January level ts2.tech. This bounce suggests
