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By Mike Colias

May 14, 2022 9:56 am ET

Ford Motor said it unloaded more shares of Rivian Automotive Inc., further pressuring the electric-truck maker’s battered stock price.

Ford sold 7 million Rivian shares at a price of $26.88, the company said in a regulatory filing late Friday. That followed an 8-million-share sale earlier in the week at about the same price.

This post first appeared on wsj.com

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