ARVL News and Press, Arrival From 11/24/22

LUXEMBOURG, Nov. 24, 2022 (GLOBE NEWSWIRE) -- Arrival (NASDAQ: ARVL) (the “Company”), announces that Mr. F. Peter Cuneo has been appointed as Interim Chief Executive Officer. Mr. Cuneo stated, “I intend to bring the full depth of my experience to this operational ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Penny stocks are much riskier than your average investment. After all, you don’t typically have a share price below $5 without some problems, be it a failing business plan, poor execution by management, etc. Yet, for...

Summary Arrival turned from a promising start-up to a disaster. I’m glad that my subscribers anticipated it many months ago. Although the company’s current outlook still looks awful, I hoped that the sale of its assets could have been beneficial for shareholders. ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Shares of Rivian (NASDAQ: RIVN ) are getting hit hard on Wednesday, falling more than 12% so far on the day. Today’s decline marks the stock’s fifth daily decline out of the seven trading sessions we...

Summary Arrival is burning cash fast and expects to only have $160-$200 million in cash by the end of the year. No revenue is expected in 2023, thus Arrival does not have enough cash to cover its operations over the next twelve months. Arrival is likely to go bankrupt in the s...

Shares of Luxembourg-based electric vehicle maker Arrival (NASDAQ: ARVL) plunged more than 35% today as of noon ET, following its third-quarter earnings release this morning. The electric vehicle maker is coming on hard times, as funding has dried up in this market environment, ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Arrival (NASDAQ: ARVL ) just reported earnings for 2022 Q3. But investors have more pressing concerns regarding the electric van startup. The company has spent the year on a downward trajectory, but its recent perform...

Arrival ( NASDAQ: ARVL ) stock plunges more than 30% after the announcement of its Q3 results . The company reported a loss of $310.3M vs. $30.6M loss year ago. Q3 loss included non-cash impairment charges and write-offs of $232M. Adjusted EBITDA loss of $73.3M, co...

Arrival (ARVL) Q3 2022 Earnings Conference Call November 8, 2022 8:00 AM ET Company Participants Annie Wechter - Director of Investor Relations Avinash Rugoobur - President John Wozniak - CFO Mike Ableson - CEO of Automotive Denis Sverdlov - Arrival Found...

Arrival press release ( NASDAQ: ARVL ): Q3 loss for the period of $310.3 million, compared to a loss for the period of $30.6 million in the third quarter of 2021. Adjusted EBITDA loss for the period of $73.3 million, compared to an adjusted EBITDA loss of $45.9 million in ...