– CNBC
Ford Stock Is Trading Higher Tuesday: What’s Going On?
Ford shares are trading higher Tuesday after General Motors raised its outlook for 2024. GM raised its adjusted earnings guidance from a range of $8.50 to $9.50 per share to a new range of $9 to $10 per share, versus estimates of $9.08 per share. GM also raised its adjusted automotive free cash flow guidance from a range of $8 billion to $10 billion to a new range of $8.5 billion to $10.5 billion.