Thanks to its product pipeline, support from Amazon, and positive word of mouth, Rivian looks like a smart electric vehicle investment.There are plenty of reasons to be pessimistic about the electric vehicle (EV) industry now, but that could also make it a perfect time to buy in while stock prices are depressed. To be fair, not every EV investment is going to pan out as many companies are in a cash crunch or worse. Rivian, (RIVN -5.85%) however, is in a better position than many competitors, and here are th ...

NEW YORK, June 13, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Rivian Automoative, Inc. (“Rivian” or the “Company”) (NASDAQ: RIVN). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. The class action concerns whether Rivian and certain of i ...

Rivian Automotive (RIVN) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this a manufacturer of motor vehicles and passenger cars have returned +15.7% over the past month versus the Zacks S&P 500 composite's +4% change. The Zacks Automotive - Domestic industry, to which Rivian Automotive belongs, has gained 4.5% over this period. Now the key question is: Where could th ...

Rivian Automotive (NASDAQ:RIVN) stock is rising because of rumor and conjecture. Don’t buy it. The electric vehicle manufacturer still has poor financials amid an ailing industry. With EVs likely to report lower growth this year than last year, there is little reason to expect Rivian to buck the trend.Although the EV stock is generating support, buying RIVN stock without firm commitments is just gambling. If there is something there, investors will have plenty of time to buy in later. But because it appears ...

Rivian will need help to succeed, and it might have just gotten some today.Investors pushed shares of Rivian Automotive (RIVN 2.03%) higher by as much as 5% Wednesday morning. Two news items released today were interpreted as tailwinds for the electric vehicle (EV) maker. Rivian shares pared those gains as the market pulled back from the morning's highs, but they remained higher by 2.2% at 1:05 p.m. ET.Investors received a positive data point in the fight against inflation this morning. That could lead to m ...

Rivian's cost structure doesn't match its business.Rivian (RIVN -0.34%) says it'll be gross profit positive by the end of 2024 and that's given investors hope about the future. But when you peel back the company's cost structure and its capacity plans, there's not a viable path to free cash flow. Travis Hoium covers the latest on Rivian in this video.*Stock prices used were end-of-day prices of June 10, 2024. The video was published on June 11, 2024. ...

Rivian Automotive, Inc. (NASDAQ:RIVN) Deutsche Bank Global Auto Industry Conference June 11, 2024 3:25 PM ET Company Participants Claire McDonough - Chief Financial Officer Conference Call Participants Emmanuel Rosner - Deutsche Bank Emmanuel Rosner All right. Good afternoon, everybody, and thank you so much for joining us for this closing discussion for the Day One of our Conference, together with Rivian, I'm extremely excited. I'm Emmanuel Rosner, I'm the lead U.S. Autos analyst here at Deutsche Bank, and ...

Rivian Automotive, Inc. (NASDAQ:RIVN) Deutsche Bank Global Auto Industry Conference June 11, 2024 3:25 PM ET Company Participants Claire McDonough - Chief Financial Officer Conference Call Participants Emmanuel Rosner - Deutsche Bank Emmanuel Rosner All right. Good afternoon, everybody, and thank you so much for joining us for this closing discussion for the Day One of our Conference, together with Rivian, I'm extremely excited. I'm Emmanuel Rosner, I'm the lead U.S. Autos analyst here at Deutsche Bank, and ...

NEW YORK, June 10, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Rivian Automotive, Inc. (NASDAQ: RIVN) between August 12, 2022 and February 21, 2024, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 30, 2024. SO WHAT: If you purchased Rivian securities during the ...

Here's why Rivian's new vehicles are so important to the company.Rivian Automotive (RIVN 0.25%) has had a difficult 2024 thus far, with the stock nearly cut in half this year. However, with the electric vehicle (EV) maker introducing its second generation of vehicles, the stock's fortunes could be about to change.Let's take a look a Rivian's next-generation models and see why their introduction could help turn around the beleaguered stock.New redesigned vehiclesRivian just introduced its second-generation m ...