Rearview Mirror: An Auto Stock Review from 12/14-12/18

Rearview Mirror: An Auto Stock Review from 12/14-12/18

We take a look at our top ten auto stock prices and review their movement last week to see what’s going on when it comes to your investments.

It’s that time of the week again. Whether you’ve put your money into all of these companies or only one, knowing the price movement can be important to your investment strategy.

Toyota Motor Corp (TM)

Toyota began last week at a price of $152.82. The price of this stock moved up to above $155.00 during Thursday to give you the high point of the week. The closing mark for Toyota came in at $153.78 which then dropped heavily to begin the current week below $150.00.

General Motors (GM)

General Motors gave us a starting price of $41.91 last week which was up and down all week long but found it’s way below $41.00 on Wednesday. The closing mark for GM was $41.05 which then opened and took a heavy drop to nearly $40.00 per share to begin this week.

Honda Motor Company (HMC)

Honda was pretty steady all last week, hovering around $30 for the duration. The opening price was $29.56 and the closing mark on Friday came in at $29.75. Similar to the other auto stock prices, the Honda price dropped at the opening of this week to give us a low that was well under $29.00.

Volkswagen Auto Group (VWAGY)

Volkswagen went up and down heavily over the past several days. This auto stock began last week at $19.78 but jumped to a high of $20.71 when the market opened on Wednesday. By the end of the week, the price leveled off at $20.06 and then opened closer to $19.00 when the current week began.

Tesla (TSLA)

Tesla came very close to reaching $700 per share when the market opened this week. Last week, this auto stock started at $639.16 and dipped down below $625.00 on Wednesday before making a recovery to a final closing price of $695 at the end of Friday.

Douglas Dynamics (PLOW)

Douglas Dynamics is an auto stock that hovered around $43.00 for the entirety of last week. This stock opened at $43.37 and moved down and up several times to a closing price of $42.38 at the end of Friday. Similar to other stock prices, this stock opened Monday with a serious drop in price.

Ford (F)

Ford started last week at $9.06 and only showed slight up and down movements all week long. By the end of Friday, this auto stock was priced at $8.95 and like the others, it dropped as soon as the market opened on Monday.

Nikola Corp (NKLA)

Starting the week, Nikola was priced at $16.61 and it rose up over $17.00 during the week. The closing on Friday showed this auto stock priced at $17.08 with a decline at the open of the market on Monday. Can you see the trend in the auto stock prices yet?

NIO (NIO)

One of the few auto stocks that moved up throughout the week and didn’t see a drop on Monday of this week was Nio. This stock began at $41.67 and steadily grew throughout the week. The closing price on Friday was $46.72, giving you a strong increase if you own some shares of this stock.

Arcimoto (FUV)

Starting last week, Arcimoto was priced at $12.11 and it made its way above $14.00 during the week. The closing price for this stock on Friday was $13.60. While this auto stock dropped to start Monday, it quickly made a recovery and is moving up again this week.

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