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.
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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 ...
Rivian stock dropped nearly 2% in early trade on Friday. Last month Rivian said it was “experiencing a production disruption” due to a shortage of a shared component on the R1 and RCV (Rivian ...
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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 ...
I still think RIVN stock could go up - now probably for technical reasons - but I have decided to revert to my "Hold" rating today. I see Rivian's longer-term challenges outweighing any potential ...
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 ...
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