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Ford stock surges 13% on investor optimism for new energy storage business

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Investor support for Ford Motor's energy storage business sent its stock soaring 13% ​Wednesday, the biggest single-day increase in about six ‌years, following a note from Morgan Stanley highlighting details released by the company on Monday. Ford announced its wholly-owned energy subsidiary ​late last year, and it is being ​directed by Lisa Drake, who has been a ⁠key leader in the company's efforts around electric vehicles.

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