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Ford Motor Company (NYSE:F) shares are trading lower by 7.4% at $22.58 Wednesday afternoon. The company late Tuesday announced certain items that will be included in its FY21 results including a gain from its Rivian stake.
The Detroit-based automaker said it has plans to reclassify about $900 million of its first-quarter 2021 non-cash gain on the Rivian investment as a special item...Read More
Ford manufactures automobiles under its Ford and Lincoln brands. The company has about 14% market share in the United States and about 7% share in Europe.
Ford has a 52-week high of $25.87 and a 52-week low of $9.97.