Rivian Stock Slumped. Ford Plans to Sell Part of Its Stake. - Barron's
5/9/2022 12:00:00 AM2 years 11 months ago
by Al Root
by Al Root
The lockup on insider shares following Rivian's IPO in November is over. Ford might be selling about 8% of its stake in the EV startup.
Shares of the electric-truck startup Rivian Automotive fell Monday. Ford Motor is the main reason, but there is something else troubling investors. Just look at the overall market. Everything ended … [+146 chars]
full article...