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Benzinga
Benzinga
Business
Adam Eckert

What's Going On With Ford Stock Today?

Ford Rivian Ford Motor Co Nasdaq Rivian Automotive Inc

Ford Motor Co (NYSE:F) shares are trading lower Thursday after the company announced financial results and reported a net loss, primarily attributable to the company's investment in Rivian Automotive Inc (NASDAQ:RIVN).

Ford said first-quarter revenue declined 5% year-over-year to $34.5 billion, which beat the $31.24 billion estimate, according to data from Benzinga Pro. The company reported quarterly adjusted earnings of 38 cents per share, which beat the estimate of 37 cents per share.

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