Ford (NYSE:F) indicated on Wednesday that it would reorganize its operations to create distinct electric vehicle and internal combustion engine (ICE) operating divisions within the company.
With the move, each segment will report its own financials, and this could help investors better value Ford’s EV operations, which have likely been undervalued in the past as they were combined with the legacy ICE operations.
Ford stock has gained a total of 5% over the last two trading days.
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