Rivian Slumps Amid Report Ford Is Selling Shares at a Discount
- Date: 09-May-2022
- Source: Yahoo News
- Sector:Financial Markets
- Country:Gulf
Rivian Slumps Amid Report Ford Is Selling Shares at a Discount
(Bloomberg) -- Rivian Automotive Inc. fell as much as 9.6% in U.S. premarket trading after a media report that Ford Motor Co. is selling 8 million of its shares in the electric-pickup maker at a discount.
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