Monday, May 16, 2022

Ford Continues Selling Rivian Stake

Ford Motor Co. has decided to continue offloading Rivian stock, with the burgeoning electric vehicle manufacturer at roughly $24 per share. After divesting itself of 8 million shares earlier this month, Blue Oval sold another 7 million ahead of the weekend — leaving itself holding about 9.7 percent of the company. With 86.9 million shares leftover from the […]

The post Ford Continues Selling Rivian Stake appeared first on The Truth About Cars.



from The Truth About Cars https://www.thetruthaboutcars.com/2022/05/ford-continues-selling-rivian-stake/

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