Technical analysts point out that the 50-day moving average at $12.60 will act as a pivot in determining short-term trend direction. More: Stellantis CFO steps down, company appoints new chief as leadership shakeups continue It is clear that many employees are not exactly pleased about the return-to-office (RTO) concept. Remote work was a demonstration of trust on both sides, and for the most part, employees delivered, keeping businesses running through a pandemic and beyond. But at legacy automaker Ford (F) , the natives are getting downright restless, as illustrated by a recent hack complete with obscene messaging about RTO. Investors proved oddly pleased by this development, though, and sent shares up around 3% in Friday afternoonâs trading. Options traders note increasing open interest in call contracts for Ford Motor Company stock price expiring next month, hinting at bullish bets on near-term upside beyond $13.
