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Ford Motor has trimmed its stake in the electric carmaker Rivian Automotive for the second time in a week.
Ford sold 7 million shares for about $188.2 million, or $26.88 apiece, according to a regulatory filing on Friday.
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The sale reduces the shares Ford holds to 86.9 million.
On Tuesday, Ford had sold about 8 million shares of Rivian worth $214 million.