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Ford Unloads Further 7 Million Shares of Electric-Vehicle Startup Rivian


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

Ford offered 7 million Rivian shares at a worth 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 worth.



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