Posted on Sunday, 25th April 2010 by Jesse Walker
SAN FRANCISCO — Ford Motor Co. shares on Tuesday were on track for their biggest one-day drop in almost a year, falling as much as 9% to $13.15 after the automaker said it swung to a profit but took a cautious tone for the coming quarters. A day earlier, the stock hit a five-year high of $14.57. There was also heavy trading in the shares. Ford typically trades 113 million shares a day, but with more than half the session remaining, the volume already topped 170 million shares.
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Tags: Shares, Shares Shed
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