Ford Started Q4 on a Weak Note as US Sales Disappointed
In the week ended October 5, Ford (F) stock settled at $9.12, a 1.4% weekly loss. In the previous week, it lost 6.1%, making those two weeks the biggest weekly losses in the last 35 weeks. So far in 2018, as of October 8, Ford stock has seen a 25% value erosion. By comparison (XLY), General Motors (GM), Fiat Chrysler (FCAU), and Tesla (TSLA) have fallen 16.4%, 3.8%, and 19.5%, respectively, year-to-date.