Ford Stock Jumps Because It Might Have Bigger EV Plans – Barrons

Ford Motor shares are trading near their daily highs on Tuesday after Bloomberg reported the company would spend more on vehicle electrification and consider a partial spinoff of its EV business.

Ford (ticker: F) shares are up 1.8% at $20.66 in late trading. The S&P 500 and Dow Jones Industrial Average are up 0.8% and 0.7%, respectively.

The…

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