The stock price means nothing at this stage... let’s see what consumers demand looks like when thing get back to normal (whenever that is).That may well happen in time but the aid package has at least postponed it for a bit:
Shares of Ford Motor Co. soared 14.4% on heavy volume in afternoon trading Wednesday, a day after rocketing 23.4%, and have now bounced 41.4% since closing...www.marketwatch.com
A need and a want are very different thing! Cars won’t be high on the agenda for people that are scared of losing their jobs.
Let’s see what the earnings season looks like from next month onwards.
And a $157bn pile of debt can only look much bigger after this crisis is over !