Thursday, July 10, 2025
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

Ford sells shares in EV maker Rivian for $188.2 million By Reuters

by Reuters
May 14, 2022
in Stock Market
Reading Time: 1 min read
A A
0
Home Stock Market
Share on FacebookShare on Twitter


2/2

© Reuters. FILE PHOTO: Ford brand is pictured on the 2019 Frankfurt Motor Present (IAA) in Frankfurt, Germany. REUTERS/Wolfgang Rattay/File Photograph

2/2

(Reuters) – Ford Motor (NYSE:) Co offered 7 million shares of electrical carmaker Rivian Automotive Inc for about $188.2 million, or $26.88 apiece, the U.S. automaker mentioned in a submitting on Friday.

Ford now holds 86.9 million shares within the California-headquartered firm.

Rivian is struggling in a aggressive market, together with competitors from Ford’s F-150 Lightning electrical pickup truck, whereas a provide chain disaster is limiting manufacturing at its vegetation.

The electrical-car maker earlier slashed its deliberate 2022 manufacturing in half to 25,000 automobiles.

On Tuesday, Ford had offered about 8 million shares of Rivian value $214 million.

Rivian shares closed at $26.70 on Friday.



Source link

Tags: FordmakerMillionReutersRiviansellsshares
Previous Post

News Roundup: Jen Psaki says farewell; Lindsey grovels; GOP says we should starve immigrant babies

Next Post

Norm Macdonald Recorded a New Netflix Comedy Special Before He Died

Related Posts

Nu Holdings: The Fintech Stock With Strong Long-Term Growth Potential (NYSE:NU)

Nu Holdings: The Fintech Stock With Strong Long-Term Growth Potential (NYSE:NU)

by Analysis Fundamental
July 9, 2025
0

This text was written byComply withI'm an skilled Threat Administration Enterprise Analyst at a Systemic Greek Financial institution, with a...

Antofagasta: Robust Prospects For Long-Term Dividend Investors (ANFGF)

Antofagasta: Robust Prospects For Long-Term Dividend Investors (ANFGF)

by Alberto Abaterusso
July 9, 2025
0

This text was written byObserveAlberto holds a Grasp's diploma in Enterprise Economics. Throughout his educational profession he acquired an in...

Oklo: The Most Exciting Zero-Revenue Stock (NYSE:OKLO)

Oklo: The Most Exciting Zero-Revenue Stock (NYSE:OKLO)

by Michael Wiggins De Oliveira
July 8, 2025
0

This text was written byObserveMichael Wiggins De Oliveira is an inflection investor. This implies shopping for into low cost corporations...

B-Stock’s Summer Teammate Spotlight 2025: Meet Mia Paulding

B-Stock’s Summer Teammate Spotlight 2025: Meet Mia Paulding

by Andrea Vargas
July 8, 2025
0

B-Inventory is so excited to welcome Mia Paulding to the Purchaser Account Administration staff this summer time! As a summer...

B-Stock’s Summer Teammate Spotlight 2025: Meet Alyssa Shum

B-Stock’s Summer Teammate Spotlight 2025: Meet Alyssa Shum

by Andrea Vargas
July 8, 2025
0

B-Inventory is so excited to welcome Alyssa Shum to the Product Design group this summer time! As a summer time...

Dell Stock Is Fairly Valued With CSG Struggles (NYSE:DELL)

Dell Stock Is Fairly Valued With CSG Struggles (NYSE:DELL)

by Jia Ming Eow
July 7, 2025
0

This text was written byObserve19 12 months previous passionate dealer managing a 6 determine portfolio attempting to and beating the...

Next Post
Norm Macdonald Recorded a New Netflix Comedy Special Before He Died

Norm Macdonald Recorded a New Netflix Comedy Special Before He Died

Regulators anxious about stablecoins like tether after UST collapse

Regulators anxious about stablecoins like tether after UST collapse

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Trump Administration Imposes 50% Tariff on Brazilian Imports

Trump Administration Imposes 50% Tariff on Brazilian Imports

July 10, 2025
TCS Q1 Results: Profit rises 6%, margins beat estimates; EBIT flat QoQ

TCS Q1 Results: Profit rises 6%, margins beat estimates; EBIT flat QoQ

July 10, 2025
Eight killed in overnight Sudanese paramilitary attack: Civilian bunker bombed; health workers targeted

Eight killed in overnight Sudanese paramilitary attack: Civilian bunker bombed; health workers targeted

July 10, 2025
NFT Sales Hit .82B in H1 2025 as Market Cools

NFT Sales Hit $2.82B in H1 2025 as Market Cools

July 10, 2025
Why So Many Women Feel Pain During Their C-Sections

Why So Many Women Feel Pain During Their C-Sections

July 10, 2025
Hundreds of migrants moved from Crete to Greek mainland as island struggles with Libya arrivals

Hundreds of migrants moved from Crete to Greek mainland as island struggles with Libya arrivals

July 10, 2025
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

Trump Administration Imposes 50% Tariff on Brazilian Imports

TCS Q1 Results: Profit rises 6%, margins beat estimates; EBIT flat QoQ

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In