Why Ford Stock Crashed 46% in the First Half of 2022 but Could Rebound
The stock of Ford (NYSE: F) has had a brutal 2022 so far, with shares of the legacy automaker plunging 46.4% in the first half of 2022, according to data provided by S&P Global Market Intelligence.
Yet there's a fair chance Ford stock could soon bottom out.
Ford kicked off 2022 on a high note. Barely days into the new year, it said the demand for its F-150 Lightning pickup was so strong that the company planned to double annual production capacity to 150,000 units at its Rouge electric vehicle (EV) center in Dearborn. By the end of 2021, Ford had already secured more than 200,000 reservations for the F-150 Lightning, the all-electric version of Ford's popular F-150 pickup that's been America's best-selling truck for 45 consecutive years now.
Source Fool.com
