Why Rivian Shares Are Still Surging Today
Shares of Rivian Automotive (NASDAQ: RIVN) were still surging on Wednesday afternoon, after the company announced the closing of a deal with Volkswagen that could be worth well over $5 billion to the electric vehicle (EV) maker. As of 1:30 p.m. ET, Rivian's shares were up about 18.3% from Tuesday's closing price.
As noted above, Rivian's biggest issue has been its negative gross margin, which continued in the quarter. It reported a ...
Spotify posted a big jump in monthly active users, and shares rose.A report that it might soon declare bankruptcy sent shares ...
The announcement comes at a critical time for the stock. Shares of Rivian were flirting with a break back below $10, a ...
Rivian Automotive shares are moving higher in Tuesday's after-hours session after the company announced the launch of its ...
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.
Electric-vehicle start-up Rivian Automotive reported a wider-than-expected third-quarter loss, but the stock rose anyway.For ...
Volkswagen said it would invest up to $5.8 billion in a joint venture with Rivian Automotive. The German automaker plans to invest up to $5.8 billion in Rivian. Watch this report for more details!
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