The Ford F-150 Lightning Electric Truck.
John Tlumacki | Boston Globe | Getty Images
Discover the companies making significant moves in the market.
Ford — The automaker’s shares decreased by 5.1% after announcing price reductions of up to $10,000 on its electric F-150 Lightning trucks. Ford aims to ramp up production this fall and will implement price cuts of at least $6,000 across all models. Rivian also experienced a 3% drop in its stock price.
related investing news
Tesla — Elon Musk’s electric vehicle company saw a 1.9% increase in midday trading following the completion of its first Cybertruck, which experienced multiple delays.
Black Knight — The stock surged by 13.8% after the mortgage-data provider announced the sale of its Optimal Blue business to Constellation Software for $700 million. This development clears the path for its acquisition by Intercontinental Exchange.
Denial of responsibility! VigourTimes is an automatic aggregator of Global media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, and all materials to their authors. For any complaint, please reach us at – [email protected]. We will take necessary action within 24 hours.
