Why Ford Stock Surged 19% in December
Ford Motor Company (F -0.44%) stock would have ended 2023 in the red if not for a rebound in the last month of the year. Ford stock surged 18.8% in December, according to data provided by S&P Global Market Intelligence, as investors bet on better days ahead for the automaker amid an anticipated fall in interest rates.Ford's outlook for 2023 isn't that worrisomeFord sold roughly 800 fewer vehicles in November year over year, with sales of its internal combustion vehicles, including trucks, slipping as the co ...