Ford sells shares in EV maker Rivian for $214 million By Reuters
2/2
© Reuters. R1T is seen outside startup Rivian Automotive's electric vehicle factory in Normal, Illinois, U.S. April 11, 2022. REUTERS/Kamil Krzaczynski
2/2
© Reuters. R1T is seen outside startup Rivian Automotive's electric vehicle factory in Normal, Illinois, U.S. April 11, 2022. REUTERS/Kamil Krzaczynski
2/2
(Reuters) - Ford Motor (NYSE:F) Co sold 8 million shares of electric carmaker Rivian Automotive Inc for $214 million, or $26.80 apiece, the U.S. automaker said in a filing on Tuesday.
Ford now holds 93.9 million shares in the California-headquartered company.
Rivian's shares opened at a record low on Monday after the sale was reported by CNBC over the weekend.
Statement:
The content of this article does not represent the views of fxgecko website. The content is for reference only and does not constitute investment suggestions. Investment is risky, so you should be careful in your choice! If it involves content, copyright and other issues, please contact us and we will make adjustments at the first time!
Trump-backed candidates show mixed performance in West Virginia, Nebraska primaries By Reuters
RedRock FX Trading Is Safe? Company Abbreviation RedRock FX
Related News
