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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 ...
22h
Rivian Stock Remained Turbulent Today. Is It an Opportunity to Buy?
Rivian Automotive (NASDAQ: RIVN) shares have been on a roller-coaster ride since the U.S. election on Nov. 5. A dip after ...
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 ...
16h
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
Rivian’s stock soars as joint venture with Volkswagen is upsized to $5.8 billion
Rivian Automotive Inc. and Volkswagen have launched their upsized joint venture, joining forces with the goal of creating ...
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 ...
8d
on MSN
Rivian stock drops as full-year loss projection widens, but 'modest gross profit' still expected in Q4
Rivian reported third quarter revenue that missed the mark and a wider-than-expected loss as the pure-play adventure electric ...
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 ...
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 ...
1d
on MSN
Massive News for Rivian Stock Investors
Details of the strategic partnership with Volkswagen (OTC: VWAP.Y) were much better than expected for Rivian (NASDAQ: RIVN). ...
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