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Why Ford Motor Company Stock Is Higher Today

Why Ford Motor Company Stock Is Higher Today

Shares of Ford Motor Company (NYSE: F) were moving higher on Thursday after the automaker reported earnings that crushed Wall Street estimates and raised its guidance for the full year. As of 1 p.m. EDT, Ford's shares were up about 3.3% from Wednesday's closing price. Ford reported its second-quarter results after the U.S. markets closed on Wednesday, surprising auto investors and Wall Street with a tidy profit.