🟢 F is trading 5% up today after taking full ownership of EV battery plants and securing a $3.8B DOE loan

F is trading at $14.40 (+5.38%) after Ford announced it is taking full ownership of two Kentucky EV battery plants and secured a $3.805 billion DOE loan.

• The move extends a recent rally fueled by the company’s push for tighter control over its EV battery strategy and supply chain.
• Broader market sentiment is also supportive, with major U.S. indices opening higher on easing geopolitical tensions.