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RIVN - Rivian Automotive: 1.4x Sales Multiple After Adjusting For Cash
June, 13 2022 04:27 PM
Rivian Automotive Inc.
Supply-chain risks remain elevated but appear to be under control. The EV company had more than 90K pre-orders in the U.S. and Canada as of May 9, 2022, adding 10K new pre-orders, despite higher prices. Rivian Automotive’s enormous cash makes the stock a low-risk investment now. For further details see:
Rivian Automotive: 1.4x Sales Multiple After Adjusting For Cash
Stock Information
Company Name:
Rivian Automotive Inc.
Stock Symbol:
RIVN
Market:
NASDAQ
Website:
rivian.com
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