Why Ford Motor Stock Is Climbing Today

Why Ford Motor Stock Is Climbing Today

Shares of Ford Motor (NYSE: F) traded up 5% on Wednesday afternoon as the result of positive developments on two big stories related to the automaker. Ford and other automakers are in a tough situation right now due to a shortage of computer chips, which is forcing Ford to temporarily curtail production of key models including its F-150 pickup. On Wednesday, the White House stepped in to try to assist the industry.