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 ...

This struggling electric vehicle maker has a lot of things going for it. But there is plenty of uncertainty ahead for the industry, too.Some adventurous investors are more open to considering a fast-growing company in the early stages of reaching its full potential. And with a market capitalization of just $11.7 billion, Rivian Automotive (RIVN) is just such a company. In fact, it is a bite-sized investment option compared to electric vehicle (EV) industry leader Tesla with its $565 billion in market value. ...

NEW YORK, June 10, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Rivian Automotive, Inc. (NASDAQ: RIVN).Shareholders who purchased shares of RIVN during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/rivian-automotive-inc-loss-submission-form-2/?id=83242&from=4CLASS PERIOD: August ...

NEW YORK, June 07, 2024 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Rivian Automotive, Inc. ("Rivian " or the "Company") (NASDAQ: RIVN) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Rivian investors who were adversely affected by alleged securities fraud between August 12, 2022 and February 21, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/rivian-automotive-i ...

NEW YORK, June 07, 2024 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Central District of California on behalf of all persons and entities who purchased securities of Rivian Automotive, Inc. (“Rivian” or the “Company”) (NYSE: RIVN) between August 12, 2022 to February 21, 2024, inclusive (the “Class Period”). The Complaint alleges that Defendants issued materially false and/or misleading statements and ...

NEW YORK, June 6, 2024 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Rivian Automotive, Inc. ("Rivian" or "the Company") (NASDAQ: RIVN) and certain of its officers.Class Definition:This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Rivian secu ...

Rivian has had a lot on its plate as it transitioned from pitch mode to selling EVs. It created an electric pickup and an electric SUV while prepping a monster IPO. It made electric delivery vans for Amazon and wants to do the same for other companies. It now plans to sell an even cheaper SUV that could make Rivian a dominant EV player for years to come. And it wanted to build an entirely new factory in Georgia where it would manufacture many of these vehicles.With so many variables, the exact shape of the ...

NEW YORK, June 06, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Rivian Automotive, Inc. (NASDAQ: RIVN). Shareholders who purchased shares of RIVN during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/rivian-automotive-inc-loss-submission-form-2/?id=82882&from=3 CLASS PERIOD ...

It has been a rather bumpy year for electric vehicle (EV) maker Rivian (NASDAQ:RIVN). Indeed, shares of RIVN stock are down 45% year-to-date (YTD) but have been making a rather consistent move higher over the past month, with Rivian moving higher again today on some intriguing news.Rivian recently announced that a second generation of its R1S and R1T models (an SUV and pick-up truck, respectively) will feature new designs and computing power. Notably, Rivian will be adding Nvidia (NASDAQ:NVDA) chips to its ...

Two key, recent events finally gave Rivian (NASDAQ:RIVN) stock a significantly larger portion of the respect that it deserves. Analysts are starting to talk positively about the electric vehicle (EV) manufacturer and new partnerships are looking possible.Moreover, the automaker reiterated last month it believes it can generate positive gross margins in the fourth quarter. There are also multiple signs that demand for its EVs remains strong. Finally, I remain upbeat on its upcoming EV lineup and its ability ...