Rivian Automotive, Inc. Class A Common Stock (RIVN)
Rivian Automotive (RIVN) Ascends While Market Falls: Some Facts to Note
In the latest trading session, Rivian Automotive (RIVN) closed at $12.48, marking a +0.32% move from the previous day.
Why Rivian Stock Jumped Today
Rivian Automotive (RIVN 3.25%) is expanding its market, and investors are cheering the news today. Shares of the electric truck and van maker jumped nearly 5% Monday morning and were still up by 3.4% as of 1:15 p.m.
Rivian opens commercial van sales to all businesses
Rivian will sell its commercial electric vans to any U.S. business that wants one — more than a year since ending an exclusivity deal with backer Amazon.
EV maker Rivian opens up commercial van sales to all fleet sizes
Rivian is opening up sales of its delivery vans to fleets of all sizes in the United States, the electric vehicle maker said on Monday, more than a year after ending its exclusive deal with shareholder Amazon.
Think Rivian Is Expensive? This Chart Might Change Your Mind.
If you've been monitoring Rivian Automotive (RIVN -2.50%) stock over the last few months, you may think your chance to buy has come and gone. Since hitting multi-month lows last November, shares have spiked in value by more than 30%.
Rivian: Thank You, Department Of Energy!
Rivian's expansion plan includes a DOE loan for a Georgia plant, aiming for 615K annual production by 2030, despite potential political risks. The upcoming Q4 results are crucial due to the focus on achieving positive gross margins for the 1st time, allowing the market to shift away from large losses. The EV manufacturer moved the focus towards the R2 ramp in 2026, aiming for annual sales of 200K to lead to EBITDA profitability by 2027.
Is Rivian Stock a Buy Before Feb. 20?
Shares of Rivian Automotive (RIVN -2.50%) have struggled in recent years, losing around 90% of their value since hitting the public market in 2022. While the electric vehicle (EV) maker's products have been well-received by the automotive press (winning their fair share of quality and safety awards), the company continues to struggle with sluggish growth and catastrophic cash burn.
Is Rivian Stock A Buy Or A Sell Going Into Q4 Earnings?
Rivian closes the books on 2024 on Feb. 20. The post Is Rivian Stock A Buy Or A Sell Going Into Q4 Earnings?
Rivian Automotive (RIVN) Ascends But Remains Behind Market: Some Facts to Note
In the closing of the recent trading day, Rivian Automotive (RIVN) stood at $12.80, denoting a +0.23% change from the preceding trading day.
Every Rivian Investor Should Keep an Eye on This Number
I wrote recently that Rivian (RIVN 3.87%) investors should pay particularly close attention to the company's gross margins. With stalling revenue growth, Rivian needs to prove that it can at least turn a profit on every vehicle it sells.
Why Rivian Stock Dropped Today
The electric vehicle (EV) sector is in a state of flux. Some manufacturers are pulling back as demand growth hasn't met or exceeded early expectations.
CEO RJ Scaringe Just Delivered Reassuring News for Rivian Investors. But There's a Catch.
Rivian (RIVN 0.40%) stock had a volatile 2024. And despite some promising catalysts ahead, shares remain priced at a discount versus other electric vehicle (EV) stocks.
