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Benzinga
Benzinga
Business
Henry Khederian

Why Ford Shares Are Falling

Shares of several automotive companies, including Ford Motor Company (NYSE:F), are trading lower amid continued COVID-19 omicron variant concerns. Investors could be fearing uncertainty as the sector is currently facing supply chain issues stemming from previous COVID-19 restrictions.

See Also: Why Block Shares Are Sliding

Ford manufactures automobiles under its Ford and Lincoln brands. The company has about 14% market share in the United States and about 7% share in Europe.

Ford has a 52-week high of $21.49 and a 52-week low of $8.43.

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