Read this article about Ford making great market share gains in California and thought I'd at least see a double up gap open on Monday, especially after last week. What a cold shock to see a double gap down in pre-market!
Ford which this week reported its best March sales performance since 2007, did particularly well in the Northern California region, according to a breakdown of statewide statistics.
Sales of the fuel-efficient Ford Focus were particularly strong in the Bay Area,
increasing 191 percent in March over the year-ago period. Ford said 30
percent of all new Focus registrations nationwide in this year's first
quarter were in California.