Monday, August 25, 2008

Ford Shares at 22-year Low

Ford shares slipped 6 cents, or 1.3 percent, to $4.41. In earlier trading, the stock bottomed out at $4.25, its lowest trade since Feb. 10, 1986, according to the Center for Research in Security Prices at the University of Chicago. The price is adjusted for splits and other changes.

Ford's stock fell as oil prices moved t higher. Light, sweet crude rose 44 cents to $115.03 a barrel on the New York Mercantile Exchange.

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