Rivian Automotive(RIVN)
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Rivian Automotive (RIVN) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Zacks Investment Research· 2024-01-09 23:47
The latest trading session saw Rivian Automotive (RIVN) ending at $19.25, denoting a -1.69% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily loss of 0.15%. On the other hand, the Dow registered a loss of 0.42%, and the technology-centric Nasdaq increased by 0.09%.The the stock of a manufacturer of motor vehicles and passenger cars has risen by 3.32% in the past month, leading the Auto-Tires-Trucks sector's gain of 2.96% and undershooting the S&P 500's gain of 3.5% ...
Tesla and Rivian Get Another Electric Pickup Truck Competitor
Barrons· 2024-01-09 18:15
Vietnamese electric vehicle start-up VinFast Auto made a splash with its pickup truck at the Consumer Electronics show in Las Vegas Tuesday. ...
Where Will Rivian Stock Be in 3 Years?
The Motley Fool· 2024-01-08 15:07
When it launched its initial public offering (IPO) in 2021, Rivian Automotive (RIVN 0.31%) was one of the most valuable automakers in the world. With a stock price of $78, its market capitalization of over $100 billion dwarfed established brands like Ford Motor and General Motors. But now that shares have fallen back down to Earth ($20 at the time of writing), fundamentals-focused investors can start shopping for a good entry point. While Rivian faces some near-term macroeconomic challenges in the competiti ...
Massive News for Rivian Stock Investors
The Motley Fool· 2024-01-08 15:05
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...
Rivian's Q4 Deliveries Miss Is Just a Bump in the Road for RIVN Stock
InvestorPlace· 2024-01-08 07:02
Electric vehicle startup Rivian (NASDAQ:RIVN) delivered slightly fewer EVs than analysts had expected last quarter. This will have important implications for RIVN stock holders. Much more importantly, the firm’s deliveries fell 10% versus the previous quarter. While I certainly didn’t anticipate such a drop and it is a negative development, Rivian’s other positive catalysts will, in all likelihood, enable it to overcome any reduction in the demand for its current EVs from consumers. As a result, I remain ve ...
Is Rivian Automotive Stock a Buy Now?
The Motley Fool· 2024-01-05 10:42
Rivian Automotive's (RIVN -4.04%) stock price dropped 10% on Jan. 2 after the electric vehicle maker posted its latest production numbers. For the fourth quarter of 2023, it produced 17,541 vehicles and delivered 13,972 vehicles.For the full year, it produced 57,232 vehicles and delivered 50,122 vehicles. That surpassed its latest full-year production target of 54,000 vehicles, but investors won't know the other finer details until it posts its full earnings report on Feb. 21. Rivian's production numbers se ...
Here's My Top Value Stock to Buy Right Now
The Motley Fool· 2024-01-04 14:15
What comes to mind when you hear the term "value stock"? Few investors would immediately think of any electric vehicle (EV) manufacturer, not to mention an unprofitable one like Rivian Automotive (RIVN -3.70%).Yet in an industry that's still growing and evolving, value seekers might choose to cut Rivian some slack. Defining "value stock" in the EV space may require an extra measure of flexibility, with the bull case for Rivian stock contingent on progress rather than perfection. Let's learn more.Rising from ...
Rivian Stock Is Downgraded. Demand Is the Issue.
Barrons· 2024-01-04 13:10
Rivian Automotive stock was downgraded on Thursday. The company needs new models to maintain growth and new models are years away. ...
Tesla sees better 4Q deliveries; vans hurt Rivian results: analysts
Proactive Investors· 2024-01-03 21:34
About this content About Sean Mason Sean Mason is a Senior Journalist at Proactive, having researched and written about Canadian and US equities for 20 years. Sean graduated from the University of Toronto with a BA in history and economics and has also passed the Canadian Securities Course. He previously worked at Investors Digest of Canada, Stockhouse, and SmallCapPower.com. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and action ...
Why Rivian Automotive Stock Hit a Pothole Today
The Motley Fool· 2024-01-03 18:33
Shares of rising electric truck manufacturer Rivian Automotive (RIVN -3.27%), which mostly kept pace with the market in 2023, are stumbling out of the gate in 2024. The stock skidded 10% on Jan. 2, the first trading day of the New Year, after Rivian reported a sequential slowdown in Q4 deliveries.It's falling further on Wednesday -- down another 4.3% as of 12:45 p.m. ET -- in response to a halfhearted price-hike note from Goldman Sachs.Hits and missesRivian's update on 2023 production and deliveries, releas ...