Let’s take a look at the seven auto stock prices that we’re going to follow at least for the beginning of this year.
Hindsight is always 20/20 and we certainly love the idea of putting 2020 behind us. It looks like last week might have been a bit of a downward week for some of the companies, but you’re in this for more than just a week, so hang on and enjoy the ride.
NIO Inc. (NIO)
NIO Inc. saw a week that started out pretty well but ended with a drop in price. This stock began at $65.97 on Monday but once Friday came, this stock fell below $60 per share. The final bell saw NIO reach down to $56.15. Once the market opens again this week, let’s hope this stock moves back up to where it belongs.
Ferrari (RACE)
Up and down the auto stock price of Ferrari went last week. This stock started Monday at $216.45 and rose above $220 per share on Thursday before taking a downward turn through the remainder of Thursday and into Friday. The final closing price for Ferrari was $210.07 on Friday, which gave this stock a bit of a drop for the week.
General Motors (GM)
If you thought the first two stocks would set the market trend for the auto stock prices, you’d be wrong. Monday showed GM start out at $43.42 and it soon rose up and kept climbing all week. Thursday was the best day for this stock when it reached over $50 all day long before settling and closing at $49.80 at the end of Friday.
Toyota Motor Corp. (TM)
Sharp moves at the open or closing of a day created the trend of the week for Toyota. This stock opened on Monday at $152.63 and that happened to be the high for the week. Tuesday opened with a sharp drop, as did Wednesday. Thursday had a slight upward move at open but quickly dropped once Friday began. The final closing price of Toyota was $148.00 for the week.
Harley-Davidson (HOG)
The second of the auto stock prices to move upward for the week was Harley-Davison. This stock started at $37.80 on Monday and quickly moved upward crossing the $40.00 mark on Thursday. After opening Friday with a slight drop, this stock recovered to find its way to $40.20 for the closing bell at the end of the week.
Tata Motors (TTM)
Tata Motors showed a significant increase in price all week long. This stock began the week at $15.09 and that price only rose all week long. In fact, the opening of Tuesday, Thursday, and Friday all saw this stock take a sharp increase. The final stock price at the end of the week was $17.68, giving us impressive growth.
Ford (F)
The final of our sexy seven stocks is Ford. As one of the oldest in the market and one of the steadiest, Ford gave us the growth we love last week. The price ofFord stock began the week at $8.94 and it rose up to give us a Thursday where it played above $10.00 per share all day. The final closing price came in at $9.83 to offer significant growth to investors.
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