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Why Ford Stock Has Been Charging Higher This Week

Why Ford Stock Has Been Charging Higher This Week

Ford (NYSE: F) stock bounced this week after an extended slide that saw it drop more than 25% in less than a month. Investors cheered that Ford said its EV sales nearly tripled year over year in September. While demand for Ford's EV offerings remains strong, investors should remember that at under 4,700 units, EV sales represented just 3.3% of the company's total U.S. sales last month.