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

14.65

Mkt cap

14B

Volume

65M

High

15.34

P/E Ratio

-2.54

52-wk high

18.86

Low

14.19

Div yield

N/A

52-wk low

8.26

Rivian Automotive's stock fell by nearly 7% today, indicating a significant drop in investor confidence or market reaction.

Portfolio Pulse from

January 21, 2025 | 9:00 pm

President Donald Trump plans to revoke an EPA rule mandating automakers to sell only battery electric vehicles to avoid emission fines. This decision could negatively impact electric vehicle companies like Rivian (RIVN) and Tesla (TSLA), as it may reduce the urgency for traditional automakers to transition to electric vehicles.

Portfolio Pulse from

January 21, 2025 | 7:45 pm

Rivian Automotive (RIVN) shares increased following the finalization of a $6.6 billion federal loan from the Department of Energy to construct a new factory in Georgia.

Portfolio Pulse from

January 17, 2025 | 5:45 pm

Rivian has finalized a $6.6 billion loan with the Department of Energy to fund the construction of its new factory in Georgia, set to begin in 2026.

Portfolio Pulse from

January 17, 2025 | 4:00 pm

Rivian (RIVN) has received a $6.6 billion loan approval from the Department of Energy (DOE) to construct a manufacturing plant in Georgia. This facility will focus on producing SUVs and crossover vehicles.

Portfolio Pulse from

January 17, 2025 | 3:45 pm

Rivian Automotive (RIVN) has garnered significant attention from investors on Zacks.com, indicating a potential interest in the stock's future performance.

Portfolio Pulse from

January 17, 2025 | 3:15 pm

Rivian has finalized a $6.6 billion loan agreement with the U.S. Department of Energy to support the construction of a new manufacturing facility in Georgia, enhancing its electric vehicle production capabilities.

Portfolio Pulse from

January 16, 2025 | 10:00 pm

The article discusses the potential of Rivian Automotive (RIVN) as a high-growth company, suggesting it could be a 'millionaire maker' for investors.

Portfolio Pulse from

January 16, 2025 | 10:45 am

Rivian Automotive (RIVN) saw a decline in its stock price by 1.11%, closing at $13.34, despite an overall improvement in the market.

Portfolio Pulse from

January 15, 2025 | 12:15 am

Rivian's stock has been trading below $20 for the past year, significantly lower than its all-time high of around $130.

Portfolio Pulse from

January 13, 2025 | 10:00 am

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