Ford (F) Stock Surges 9% to New 52-Week Peak on Battery Storage Partnership
The post Ford (F) Stock Surges 9% to New 52-Week Peak on Battery Storage Partnership appeared on BitcoinEthereumNews.com. Key Takeaways Ford shares surged more than 9% on May 22, reaching a 52-week peak of $14.94 Ford Energy secured a five-year agreement with EDF Power Solutions for up to 20 GWh of battery storage capacity The agreement leverages underutilized EV manufacturing capacity to meet surging AI data center energy storage demands in a market valued near $10 billion Ford recorded a $1.3 billion noncash benefit from tariffs following a Supreme Court decision Morgan Stanley maintained its Equalweight rating with a $14.00 price target on Ford Ford Motor (F) shares rallied more than 9% during Thursday’s trading session on May 22, reaching a 52-week peak of $14.94 before closing near $14.93. The dramatic surge followed the automaker’s announcement of a significant battery storage partnership that captured investor attention. Ford Motor Company, F The driving force: Ford Energy enter