{"id":2112,"date":"2021-07-27T02:02:44","date_gmt":"2021-07-27T02:02:44","guid":{"rendered":"https:\/\/automarketwatch.com\/?p=2112"},"modified":"2022-06-17T18:02:51","modified_gmt":"2022-06-17T18:02:51","slug":"rearview-mirror-how-did-our-auto-stocks-perform-7-19-7-23","status":"publish","type":"post","link":"https:\/\/automarketwatch.com\/index.php\/2021\/07\/27\/rearview-mirror-how-did-our-auto-stocks-perform-7-19-7-23\/","title":{"rendered":"Rearview Mirror: How Did Our Auto Stocks Perform 7\/19-7\/23"},"content":{"rendered":"

Stocks go up and they go down and we follow a selection of auto stocks every week to see how each one performed during the previous few days.<\/strong><\/em><\/p>\n

These stocks can move up or down based on political decisions, sales figures, supply chain issues, and production levels.\u00a0\u00a0Let\u2019s take a look and see how the companies we follow each week performed last week to give us the numbers we see today.<\/p>\n

Toyota Motor Corp. (TM)<\/h2>\n

One of the largest companies in the automotive world is Toyota. This company began last week at a price of $176.04 per share and moved up from there. Just before the opening on Thursday, the price hit a high point of $179.62 before dripping down to start Friday at $177.99. The final bell came shortly after the weeklyhigh price of $180.33. The final price for Toyota was $179.86 last week, which gave investors the profits they want to see.<\/p>\n

General Motors (GM)<\/h2>\n

Several moves upward and downward took place for GM last week. As one of the most popular auto stocks we follow, we can see how investors were on a wild ride. This stock started the week at $54.45and moved quickly upward. The high price for the week occurred on Wednesday at a price of $57.41. The price was relatively level until Thursday when a drop took place before the closing bell on Friday where the price was $54.94.<\/p>\n

Nio Inc. (NIO)<\/h2>\n

Nio is another company that took a ride on the stock market last week<\/a><\/strong> with a high price being reached in the middle of the week. The price per share began at $42.73 and it moved upward to reach the high point just before closing on Wednesday at $47.35. The fall took place on Friday when the price dropped hard before hitting the closing bell at $43.99.<\/p>\n

Ferrari (RACE)<\/h2>\n

Finally, we see one of the auto stocks that we follow that moved upward and then continued upward last week. Ferrari started the week at $202.07 per share and moved up steadily to a high price on Friday of $212.45. This stock never hit a low price all week, and reached the closing bell at$212.11, giving investors the profits they wanted for the week.<\/p>\n

Honda Motor Co. (HMC)<\/h2>\n

Honda took a ride up and then came back down a little, but overall, this company gave investors the profits they look for each week. The price started at $31.07 last week before moving upward and reaching a high point on Wednesday. This high price was at $31.79 and it didn\u2019t last long before the price dropped back down on Thursday. The price of Honda closed at $31.31 to give us a small profit for the week<\/a><\/strong>.<\/p>\n

XPeng Inc. (XPEV)<\/h2>\n

XPeng Inc. is one of the auto stocks that had a dramatic rise and fall last week to give us an interesting ride. Investors that put their money in at the opening price of $39.18 found excellent profits when the weekly high was reached on Wednesday at $44.25. The price leveled off for most of the week before falling on Friday. Overall, this stock did show profits for the week with a closing price of $41.00 last week.<\/p>\n

Ford (F)<\/h2>\n

Ford went along the same path asthe other companies that we follow. The stock price began at $13.36 before it moved up to hit the weekly high at $14.28 on Wednesday. The price leveledback down a bit and fell a little on Thursday. The final price for the week came in at $13.82, giving investors a little bit of a profit for the week.<\/p>\n

Magna International Inc. (MGA)<\/h2>\n

The only one of the auto stocks we follow that ended last week at a lower price than it began was Magna International Inc. The price per share began at $83.23 and moved upward, much the same as the others on our list. The price reached a high point on Wednesday at $87.79 before hitting a hard drop on Friday to the weekly low price of $79.98. The closing price of Magna came in at $80.98.<\/p>\n

CarMax Inc. (KMX)<\/h2>\n

CarMax started last week at $130.08 per share and it moved quickly upward to reach the weekly high price at $137.90 on Wednesday, much the same as the others stocks we follow. The price did level off and followed a mostly level path to the end of the week where the closing price was $134.84. This closing price gave investors the profits desired in CarMax stock.<\/p>\n

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