We have selected seven of the automotive companies to watch their stock performance every week during the first quarter of this year.
This is part of our Rearview Mirror series where we talk about how each company performed the previous week. Let’s get started and see how these seven companies did last week.
Nio Inc. (NIO)
The stock price of Nio began last week at $61.05 but that was the only high point of the week. This company found its way steadily downward from there and made its way to a low of $53.41 on Thursday. The final price at the close of Friday was $55.04, giving investors a loss for the week.
Ferrari (RACE)
Another of the automotive companies that saw a decline in price for each share last week was Ferrari. The RACE ticker started the week at $203.17 and dropped to begin Wednesday to a price of $198.23 before making a little bit of a recovery. This stock continued to move up and down a little before closing out at $198.29.
General Motors (GM)
We recognize GM as one of the companies that have been in the market for a long time. This stock started the week at $53.71 but moved down to start the day on Wednesday and Thursday. The bottom of the GM marker last week was at $51.79 before it moved back up and closed out Friday at $52.57 to finish the week.
Toyota Motor Corp. (TM)
We’re seeing a trend among the automotive stock markers from last week. Toyota is another company that found its way from a higher starting point to a lower price during the week. The price began at $157.70 and dropped off a cliff on Thursday to $153.27. The closing price came in at $153.55 to be the final price and a loss for investors.
Harley-Davidson (HOG)
One of the few auto companies to make somewhat of a recovery in its stock price after dropping last week was Harley-Davidson. The price began at $36.56 before falling to $34.87 to begin Wednesday. Friday began with some recovery before it finished the day at $35.97 which allowed this company to nearly see a full recovery in the price.
Tata Motors (TTM)
Even this Chinese auto company found its way to losing some ground in the stock market last week. The price began at $22.46 before moving downward one step at a time all week long. The final price of Tata Motors came out at $21.43 which showed a loss for investors of this company.
Ford (F)
The price of Ford was already fairly low and this stock made a bit of a drop in the middle of the week before coming back to the price a little higher than where it began. The starting price was $11.43 and the low on Thursday was $11.30 before coming back to $11.58 to give investors a little bit of a profit for the week.
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