It’s that time of the week again. We take a look in the rearview mirror to see the auto stock performance of companies we follow.
Did you invest in some of these stocks last week? Are you holding out to see how they do for a few more weeks or for the next month? Let’s cover the information you’re interested in so that you can figure out which ones will be worthy of your money.
Toyota Motor Corp. (TM)
Toyota has a week they would rather forget about last week. The stock price started at $183.70 per share and moved up to a high of $185.95 on Tuesday before the bottom fell out. The price dropped down fast and sharp the rest of the week to a low point at the start of Friday at $180.61 before the final bell sounded and the price was $180.72.
General Motors (GM)
The auto stock performance of General Motors was similar to Toyota last week. The price began at $56.91 and moved to a high point of $57.80 on Tuesday before a sharp drop to open trading on Wednesday. The low point was hit on Wednesday when the price reached $52.39. Thankfully, GM stock made a recovery and finished the week at $55.04 to minimize the loss to investors.
Nio Inc. (NIO)
This Chinese electric car company gave us a wild ride last week. This stock started at $44.95 per share and moved downward on Tuesday before heading back up. We saw a lot of up and down movements for this stock which brought us to a high point of $46.26 on Thursday before reaching the low point at $43.49 on Friday. The closing bell sounded and Nio finished this wild ride at a price of $43.85.
Ferrari (RACE)
As we look at the auto stock performance of Ferrari, we see this is the first of the companies on this list that offered investors a profit last week. The price began at $210.75 and that was the low point of the week. Friday took us to a high point which was $220.93 before the price settled in at $219.28 which gave investors the profits they were more than happy to enjoy after a week of trading.
Honda Motor Co. (HMC)
Honda started the week at $32.52 and quickly dropped to $32.41 which was the low point for the week. Thankfully, this stock moved back upward and headed above the starting point to reach $33.33 as the top price for the week. Honda settled in and finished the week on a positive note with the closing price which showed up at $33.15, giving investors a nice profit for the week.
XPeng Inc. (XPEV)
The auto stock performance of XPeng Inc. resembled some of the first names on this list. The price of this stock started at $42.57 last week and reached a high at the start of Wednesday at $44.87 and then it began to fall. The low price was reached on Friday at $40.54 before closing the week at a price of $41.20 per share. This was a bit of a loss for investors.
Ford (F)
Ford is still one of the most affordable stocks you can buy in the auto market. It’s also one of the oldest stocks in the market. This stock began last week at $13.76 per share, moved to a high point of $14.03 at the end of Tuesday, and then fell to a low point of $13.32, which was reached at the open on Thursday. Ford stock recovered and finished the week at $13.80 for the week, which was a slight profit for investors.
Magna International Inc. (MGA)
The auto stock performance of Magna was a rollercoaster ride last week. This stock started at $83.83 and moved upward to a high price of $84.89 before moving down on Wednesday. Thursday saw the price go back up, but the start of Friday is where we saw the lowest point at $82.32 before recovering and closing the week at $83.63.
CarMax Inc. (KMX)
CarMax started the week at $137.55 per share and made only a slight upward move on its way down to a lower closing price last week. The high point was hit on Tuesday at $139.88, and the low point was the closing price at the end of the week. We only saw a couple of small increases in price along the downward curved that gave us a price of $134.02 when the final bell sounded.
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