Rivian Automotive (RIVN) closed at $12.87 in the latest trading session, marking a -1.23% move from the prior day.
Rivian Automotive (RIVN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Shares of Rivian Automotive (NASDAQ:RIVN) lost 5.95% over the past five trading sessions, pulling back after surging 9.83% over the previous five trading sessions on news that the EV maker is continuing work on its Georgia plant, which is slated to open in 2028.
Rivian Automotive (RIVN 1.38%) has captured some investor attention in its quest to establish its place in the electric vehicle (EV) market. Following a meteoric rise after its initial public offering in late 2021, Rivian's stock plummeted in the two years that followed.
Rivian Automotive (RIVN) reached $14.01 at the closing of the latest trading day, reflecting a +1.37% change compared to its last close.
The early excitement about electric vehicles (EVs) sent Rivian Automotive Inc. (NASDAQ: RIVN) stock from the IPO offering price of $78 on November 10, 2021, to $129 on November 12.
Rivian Automotive (RIVN) closed the most recent trading day at $13.82, moving 1.43% from the previous trading session.
A new hype cycle is currently underway in the world of electric vehicles (EVs). This time, it isn't due to a technological breakthrough or a macro backdrop fueling more and more of the risky and new companies now emerging in the entire stock market.
Zacks.com users have recently been watching Rivian Automotive (RIVN) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Shares of Rivian Automotive (NASDAQ:RIVN) surged 9.83% over the past five trading sessions on news that the EV maker is continuing work on its Georgia plant, which is slated to open in 2028.
Rivian will resume prep-work on its planned Georgia factory in August and is still looking to break ground early next year, according to emails TechCrunch obtained through a public records request.
Shares of Rivian Automotive (NASDAQ:RIVN) lost 3.50% over the past five trading sessions, compounding the stock's one-month loss to 7.78%.