Streetbeat News

RIVN

Rivian Automotive, Inc.

Industry

Auto - Manufacturers

Rivian Automotive, Inc. designs, develops, manufactures, and sells electric vehicles and accessories. The company offers five-passenger pickup trucks and sports utility vehicles. It provides Rivian Commercial Vehicle platform for electric Delivery Van with collaboration with Amazon.com. The company sells its products directly to customers in the consumer and commercial markets. Rivian Automotive, Inc. was founded in 2009 and is based in San Jose, California.

Open

14.02

Mkt cap

15B

Volume

31M

High

14.41

P/E Ratio

-2.57

52-wk high

24.61

Low

13.75

Div yield

N/A

52-wk low

8.26

Rivian Automotive is positioning itself to potentially become the next Tesla with plans to launch several new mass market vehicles in 2026.

Portfolio Pulse from

December 22, 2024 | 1:30 pm

Rivian Automotive (RIVN) has experienced significant volatility in 2024, with recent positive performance but still down 35% year to date.

Portfolio Pulse from

December 21, 2024 | 3:00 pm

The electric vehicle (EV) industry is experiencing consistent growth, with 7.8% of vehicles sold in the U.S. being electric. Despite market volatility, the sector remains promising for investors.

Portfolio Pulse from

December 21, 2024 | 8:45 am

The article predicts that Rivian Automotive (RIVN) will experience significant growth over the next three years, making it an attractive option for investors seeking high-upside stocks.

Portfolio Pulse from

December 20, 2024 | 10:30 pm

Rivian Automotive, Inc. (RIVN) is gaining attention from Zacks.com users, indicating a potential trend in its stock. Investors should consider key facts about the company before making investment decisions.

Portfolio Pulse from

December 20, 2024 | 3:30 pm

Rivian is facing legal challenges as four employees have filed lawsuits alleging harassment by top executives and inadequate response from leadership. These lawsuits could impact Rivian's reputation and investor confidence.

Portfolio Pulse from

December 20, 2024 | 3:15 pm

Rivian's stock has dropped 46% year-to-date due to production issues, cash burn, and regulatory uncertainties. New investors are advised to wait, while current shareholders might consider holding for long-term potential.

Portfolio Pulse from

December 19, 2024 | 2:30 pm

Rivian's stock is experiencing a decline due to uncertainties in the electric vehicle sector, including potential changes in regulatory climate and its impact on demand.

Portfolio Pulse from

December 18, 2024 | 6:45 pm

Rivian's stock is performing well, but the company is facing significant cash burn. There are concerns about the potential end of the $7,500 tax credit under the Trump administration, which could impact Rivian's stock negatively.

Portfolio Pulse from

December 18, 2024 | 3:00 pm

Rivian Automotive Inc (NASDAQ:RIVN) is experiencing a 1.4% drop in premarket trading after a bearish note from Baird, indicating lower EV sales and potential catalysts in 2025.

Portfolio Pulse from

December 18, 2024 | 2:45 pm

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