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Wall Street drifts to a mixed finish
1 Wall Street Analyst Thinks Rivian Stock Is Going to $23. Is It a Buy at Around $10.50?
Investors had mixed reactions when Rivian Automotive (NASDAQ: RIVN) reported third-quarter results last week. The financial results were disappointing, with lower revenue and a higher reported loss than expected.
Stock market today: Wall Street drifts to a mixed finish after an inflation update
U.S. stocks drifted to a mixed finish Wednesday after the latest inflation update boosted hopes that more help for the economy will arrive next month through a cut to interest rates. The S&P 500 was nearly unchanged and edged up by less than 0.
Stock market today: Wall Street falls again as vaccine makers and tech stocks slide
U.S. stocks are falling again as their big rally following last week’s presidential election and cut to interest rates continues to fade. The S&P 500 fell 0.7% Friday. The Dow
Tesla, Rivian
Rivian Stock Is Down Again on Tax Credit Fears
An end to U.S. EV tax credits is unlikely to doom Rivian altogether. Its $5.8 billion deal to share technology with German auto giant Volkswagen ( VWAGY 0.89%), which closed earlier this week, should help insulate Rivian from near-term demand shocks in the U.S. market.
Tesla and Rivian shares were having a good week. Concerns over the future of EV tax credits ended that.
Worries that EV tax credits may go away under the Trump administration hit a fever pitch on Thursday, dragging down the stocks.
Rivian, Tesla Slide on Report Trump Plans to Nix EV Tax Credit
Shares of US automakers fell after Reuters reported President-elect Donald Trump plans to eliminate the $7,500 consumer tax credit for electric-vehicle purchases.
21h
on MSN
Rivian CFO to Sell Up to $3.4 Million of Stock
Chief Financial Officer Claire McDonough adopted a trading plan to sell as many as 348,813 shares of the electric-vehicle ...
Yahoo
22h
Rivian Stock Remained Turbulent Today. Is It an Opportunity to Buy?
A dip after Donald Trump's election victory was followed by a sharp surge in the shares on company-specific
news
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Rivian
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3d
on MSN
Rivian Appears Ready to Solve Its Biggest Problem. Is the Stock a Buy?
As noted above, Rivian's biggest issue has been its negative gross margin, which continued in the quarter. It reported a ...
15h
on MSN
Spotify Stock Can Hit $500. Plus, Cava, Rivian, and More.
Spotify Technology • SPOT-NYSE Buy • $419.39 on Nov. 13 by Deutsche Bank Spotify posted a strong third-quarter print with ...
2d
Why Rivian's $5.8 Billion Deal With Volkswagen Is Exceptionally Bullish
Electric vehicle (EV) maker Rivian (NASDAQ: RIVN) said late Tuesday that it closed a hugely important deal, in which giant ...
3d
on MSN
Rivian Stock Soars on Upsized Volkswagen Joint Venture
Rivian Automotive shares soared Wednesday, a day after the electric vehicle manufacturer expanded its partnership with ...
2d
Rivian shares surge 15% after Volkswagen invests $5.8B as part of joint venture
Shares of Rivian jumped over 15% after the EV maker announced a $5.8 billion investment from German automaker Volkswagen as ...
2d
Rivian stock surges as company expands joint venture with Volkswagen
Rivian stock is surging after the EV maker announced an expansion of its partnership with Volkswagen, with the German ...
3d
Rivian Stock Races Higher After The Bell: What's Going On?
Rivian Automotive shares are moving higher in Tuesday's after-hours session after the company announced the launch of its ...
3d
VW boosts investment in Rivian, but significant challenges remain
Volkswagen raised its planned investment in Rivian to $5.8 billion. But Trump administration is unlikely to bode well for EV ...
6h
My Favorite Electric Vehicle (EV) Stock to Buy Before Nov. 30
Most car buyers still haven't heard of Rivian (NASDAQ: RIVN). Compared to a major EV maker like Tesla, Rivian still has a lot ...
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