Why Rivian Stock Dropped Thursday
Rivian Automotive ( RIVN -14.30%) stock is hitting the brakes today after it spiked nearly 14% yesterday. That jump came after the company announced final terms for a joint venture (JV) with global automaker Volkswagen. But shares of the electric vehicle (EV) start-up were down by 5% today, as of 11:15 a.m. ET.
Rivian Automotive is expected to see limited growth in 2025 when compared to other EV names. Read why I remain bearish on ...
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Rivian's Q3 Earnings Coming Up: Buy, Hold or Sell the Stock Now?Rivian Automotive RIVN is slated to release third-quarter 2024 results on Thursday, after market close. The Zacks Consensus ...
Tesla Rival Rivian Reports Steep Loss Of About $40K Per EV In Q3 As Deliveries Hit Lowest Since Q1 2023 EV company Rivian Automotive reported a gross loss per unit delivered in the third quarter ...
Is Rivian a millionaire-maker stock? Unfortunately for investors, Rivian is in survival mode. For the next few years, management's biggest priority will probably be keeping the lights on — not ...
If all of this is true, then why is Rivian stock priced near an all-time low, with a market cap of only $10 billion? First, the general EV market is struggling this year due to lower-than-expected ...
Electric vehicle maker Rivian Automotive (NASDAQ: RIVN) IPO’ed in November 2021 and immediately made a splash with its stock price skyrocketing to $180 in just its first week of trading.
Rivian stock is surging after the EV maker announced an expansion of its partnership with Volkswagen, with the German ...
Rivian's stock has paid the price, dropping by about 57% so far this year. The company has set itself up for a turnaround, though. Its upcoming quarterly report could offer investors reasons to ...
As noted above, Rivian's biggest issue has been its negative gross margin, which continued in the quarter. It reported a ...
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