Company Of The Day: Ford
What?
Ford (NYSE:F) indicated that it would suspend production at its Flat Rock Assembly Plant in Michigan next week, due to the semiconductor shortage. The plant builds the company’s Mustang vehicle.
So What?
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This indicates that Ford is continuing to face uncertainty due to the semiconductor shortage, which began in late 2020. F stock remains down by about 22% year-to-date in 2022.
See Our Complete Analysis For Ford
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