Shares of the automaker fell 5.94% after the company said prices on its electric F-150 Lightning pickups would fall as much as $10,000. All versions of the electric vehicle will get price cuts of at least $6,000 as Ford works to boost production this fall. Rivian shares fell about 3%.
Elon Musk’s electric-vehicle company rose 3.2% after building its first Cybertruck over the weekend following multiple delays.
The stock popped 16.14% after the mortgage-data vendor announced it will sell its Optimal Blue business to a subsidiary of Constellation Software for $700 million, paving the way for its acquisition by Intercontinental Exchange.
