Rivian stock plummets as Ford unloads 8 million shares of EV start-up - CNBC

A stock lockup period for company insiders and early investors such as Ford expired Sunday.

Shares of Rivian Automotive opened Monday at a new low following a CNBC report that Ford Motor is selling 8 million shares of the electric vehicle start-up. Rivian's stock fell 13% to $25 a share, a… [+1264 chars]

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