WebApr 27, 2024 · So far this year, Rivian shares are down 70% through Wednesday’s close. So Wednesday afternoon Ford announced it had taken a $5.4 billion pre-tax charge related to its investment in Rivian ... WebMay 9, 2024 · Rivian. Rivian stock plunged 22% on Monday after CNBC reported that Ford is selling millions of shares. The expiration of Rivian's lock-up period means insiders can now sell shares in the company ...
Ford cuts Rivian stake to about 1% - news.yahoo.com
WebMar 8, 2024 · The broader market sell-off is rippling through up-and-coming and established businesses alike. Electric vehicle (EV) newcomer Rivian Automotive ( RIVN 7.50%) has seen its stock price fall over 70 ... WebFeb 10, 2024 · Ford, which wrote down the value of its Rivian investment by $7.4 billion in 2024, had said last week that the monetization of its stake in Rivian was "nearly … overboard pas cher a 45 euro
Ford (F) Sells Rivian Shares Again, Lowers Stake to …
WebFord owns around 100M shares ($10.6B/$103.69 on 12/31/2024) or 11% of total shares outstanding, imagine if they come out and say they will sell Rivian when lockup expires in May 2024, this overhang will scare current holders into selling before then driving down the value of its Rivian stake. WebMay 17, 2024 · Ford Motor Company F recently sold another 7 million shares of electric vehicle (EV) startup Rivian Automotive Inc. RIVN for $26.88 each, for a total valuation of nearly $188.2 million. The... WebApr 28, 2024 · Rivian shares lost over half their value in the first quarter of 2024, forcing Amazon to take a big markdown on its stake in the electric vehicle company. On Wednesday, Ford took a $5.4 billion ... rally software project management