The New York Entrepreneur

Ford sees first-quarter profit dragged lower by Rivian stake, but maintains 2022 earnings guidance

Read Time:8 Second

Rivian stock shed about 52% of its market cap during the first quarter, bringing the value of Ford’s stake down from $10.6 billion to $5.1 billion.

About Post Author

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %

Previous post Microsoft earnings beat across the board, stock up on outlook
Next post Stocks making the biggest moves midday: Microsoft, Visa, Enphase Energy, Boeing and more