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Ford dumps another 7 million shares of electric vehicle start-up Rivian

Ford engine says he has unloaded more shares from Rivian Automotive Inc., putting pressure on the electric truck maker’s battered share price.

Ford sold 7 million Rivian shares for $26.88, the company said in a regulatory filing late Friday. This followed a sale of 8 million shares earlier in the week at around the same price.

wsj

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