Friday, May 20, 2022
HomeBusinessFord Unloads More Shares in Electric-Vehicle Startup Rivian

Ford Unloads More Shares in Electric-Vehicle Startup Rivian



Ford Motor stated it unloaded extra shares of Rivian Automotive Inc., additional pressuring the electric-truck maker’s battered inventory value.

Ford bought 7 million Rivian shares at a value of $26.88, the corporate stated in a regulatory submitting late Friday. That adopted an 8-million-share sale earlier within the week at about the identical value.



Source Link

Observe extra to replace News07trends

Most Associated Hyperlinks :
News07trends Business News Technology News

Denial of responsibility! News07trends is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.

RELATED ARTICLES
- Advertisment -

Most Popular