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Why Ford Motor Company Stock Is Higher Today

·2-min read
Why Ford Motor Company Stock Is Higher Today
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Shares of Ford Motor Company (NYSE: F) were moving higher on Wednesday after a prominent Wall Street analyst noted that the company's electric Mustang Mach-E is on track to outsell a key rival in 2021. As of 12:45 p.m. ET, Ford's shares were up about 5.1% from Tuesday's closing price. In a new note on Wednesday morning, Morgan Stanley analyst Adam Jonas noted that Ford sold 21,703 Mustang Mach-Es in the U.S. through October.

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